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China's industrial profit growth moderated marginally in May, data from the National Bureau of Statistics showed Wednesday.
Industrial profits surged 21.1 percent year-over-year in May, slower than the 21.9 percent increase in April.
In the first five months of this year, industrial profits advanced 16.5 percent annually compared with a 15.0 percent rise in the first four months.
Earnings at state-owned firms surged 28.7 percent and private firm's profits climbed by 10.6 percent in the January to May period.
