China Fast Figure: Industrial revenue profit and growth

Gloria Van Rees

Industrial revenue and profit growth is the gap between calculated reported income and profits. Back in July 2017 the income calculated and income official numbers were nearly identical. However due to the NBS change in survey method eliminating poorly performing firms, the calculated series become important. Profit official numbers show a 17% growth, however the latest profit calculated rate is estimated to be -7%. Income official posted a 10% growth with an income calculated rate of -14%. It is how to market the market.