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China's Economic Operation in Good Quality
China's National Bureau of Statistics announced Tuesday that the country's economy has been operating quite well in the first three quarters, with fiscal maintained fast growth.
Li Xiaochao, spokesman for the NBS, told a press conference that in the first nine months the fiscal income reached 1.1872 trillion yuan, up 24.2 percent from the same period last year. Enterprises maintained fairly high economic efficiency.
From January to August, industrial enterprises realized profits totaling 286.2 billion yuan, up 15.8 percent; while at the same time loss-making enterprises suffered losses of 83.7 billion yuan, basically the same with the corresponding period last year, he said.
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