China’s industrial profits up 1% in first five months

An employee works on the textile machinery component production line at a "little giant" company in Lianyungang, Jiangsu province. (GENG YUHE / FOR CHINA DAILY)

BEIJING – Profits of China's major industrial firms rose 1 percent year-on-year in the first five months of the year, data from the National Bureau of Statistics showed Monday. 

ALSO READ: Industrial firms' Q1 profits 8.5% higher