In June, profits in the manufacturing industry went from declining to increasing.

The National Bureau of Statistics released data on the 27th, showing that in June, profits in the manufacturing industry increased by 1.4% compared to a 4.1% decline in May. Overall, in June, the total profits of industrial enterprises above designated size reached 715.58 billion yuan, a year-on-year decrease of 4.3%, which was a narrowing of 4.8 percentage points compared to May.