Jun. 29, 2009 (China Knowledge) - China's major industrial enterprises saw industrial profits drop 22.9% from a year earlier to RMB 850.2 billion in the first five months of this year, the National Bureau of Statistics (NBS) said on Friday.The decline is less than the 37.3% drop that occurred in the first two months of this year. State-owned enterprises earned RMB 246.7 billion in profit in the fi
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