Beijing, Feb 3 (IANS) China’s industrial enterprises saw their profits increase 25.4 percent year-on-year to reach 5.45 trillion yuan ($863.68 billion) in 2011, the National Bureau of Statistics (NBS) said Friday.
The growth rate was 1 percentage points higher than that of the first 11 months of last year, according to NBS figures.
The NBS compiled the figures using data collected from a pool of industrial businesses with at least 20 million yuan in annual sales revenues each, reported Xinhua.