China industrial profits up 16.1 pct in Jan.-Feb.

BEIJING, March 27 (Xinhua) -- Profits of China's major industrial firms increased 16.1 percent year on year in the first two months this year, the National Bureau of Statistics (NBS) said Tuesday.

The reading was 5.3 percentage points faster than the growth rate registered in December 2017, the NBS said in a statement.