What is the industrial situation in China in 2018?

According to data released by the National Bureau of Statistics on January 28, the total profit of industrial enterprises above designated size reached 6,635.14 billion yuan in 2018, an increase of 10.3% over the previous year. According to this, the industrial situation in China is developing well.

However, compared with the figure of 751.71 billion yuan in profits of industrial enterprises above designated size in 2017, the profit growth rate of industrial enterprises above designated size in 2018 is -12%.

The reason why the actual industrial profits above the scale seems to decrease and the number of the final announcements has increased greatly is the adjustment of the statistical scope.