Chinese industrial profits

Chinese industrial companies' net profits grew 7.8 percent in the January-November period to 2.59 trillion yuan ($379 billion) from a year earlier, marking the country's first industrial growth since the global financial crisis began, the National Bureau of Statistics (NBS) reported Monday.

Among the industrial companies, State-owned enterprises made a profit of 751.4 billion yuan, down 4.5 percent year-on-year during the January-November period, while foreign-invested companies, including those funded by Hong Kong, Macao and Taiwan, gained 16.9 percent year-on-year to 751 billion yuan, said NBS in a statement on its website.

The bureau also disclosed industrial companies' total sales through November rose 7.1 percent to 47.5 trillion yuan.