China's paper-making industry posts shrinking revenue, expanding profits

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BEIJING, June 6 (Xinhua) -- China's paper-making industry saw lower revenue but higher profits in the first four months of the year, according to the Ministry of Industry and Information Technology (MIIT).

The sector saw 353.98 billion yuan (about 49.88 billion U.S. dollars) in revenue from January to April, down by 13.5 percent from the same period in the previous year.

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Source: Xinhua

 

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