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BEIJING Willian Copa Mundo Camisa , Dec. 27 (Xinhua) -- Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday.


Profits at industrial companies with annual revenues of more than 20 million yuan (about 3.1 million U.S. dollars) totaled 672.1 billion yuan in November.


Rebounding sales, lower costs and higher investment returns helped slow the profit decrease, said He Ping Rafinha Copa Mundo Camisa , an official with the Department of Industry at the NBS.


Revenues from the firms' primary business rose 1 percent year on year in November, compared with a 1.4 percent drop in October.


Automobile and electricity industries posted marked profit growth, a major contributor to improvement in the overall industrial profits, He said.


Auto manufacturers saw their profits jump 35 percent in November, 28.6 percentage points higher than in October. Profits of power and heat suppliers soared 51 percent Taison Copa Mundo Camisa , up 42.6 percentage points from October.


However, the country's industrial firms still have to cope with rapid piling up of finished products and fast increase of receivables, the money they have yet to collect from customers, He said.


Industrial profits in the first 11 months of this year dropped 1.9 percent year on year to around 5.5 trillion yuan, the NBS said. The decline narrowed from a 2-percent decrease registered in the Jan.-Oct. period.


In the first 11 months Alex Sandro Copa Mundo Camisa , state-owned industrial firms saw profits slump 23 percent year on year, while privately-owned firms rose 5.3 percent.


Facing lingering downward risks, Chinese authorities have ramped up efforts to prop up the economy. The central bank has cut benchmark interest rates five times since last November and lowered banks' reserve requirement ratio three times since February.


SEOUL, Sept. 1 (Xinhua) -- Revised figure for South Korea's gross domestic product (GDP) grew 0.6 percent in the second quarter from the previous quarter, central bank data showed Friday.


The seasonally adjusted real GDP was 386.58 trillion won (344.48 billion U.S. dollars) in the April-June quarter Paulinho Copa Mundo Camisa , up 0.6 percent from the previous three-month period, according to the Bank of Korea (BOK).


The revised figure was unchanged from the preliminary GDP expansion unveiled in July.


The second-quarter growth was down from a 1.1 percent increase in the first quarter.


The growth rate of private consumption rebounded to 1 percent in the second quarter from 0.4 percent in the prior quarter, posting the highest in one and a half years.


The rate for government spending accelerated from 0.5 percent to 1.1 percent in the cited period, with the number for facility investment rising from 4.4 percent to 5.2 percent.


Investment in the construction sector inched up 0.3 percent in the June quarter, down from a 6.8 percent increase in the previous quarter.


During the April-June period David Luiz Copa Mundo Camisa , exports declined 2.9 percent on weak demand for automobiles and chemical products. Imports fell 1 percent on lower crude oil demand.


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by Chrispinus Omar


NAIROBI Jemerson Copa Mundo Camisa , Aug. 31 (Xinhua) -- The Kenyan economy has shown much resilience amid perceived political uncertainty, an official tasked with enhancing the country's image and national identity said on Thursday.


Brand Kenya Board (BKB) Chief Executive Officer Mary Luseka said the East African nation continued to show resilience owing to its well diversified economy, which is the fourth largest in Sub-Saharan Africa with a gross domestic product (GDP) in excess of 60 billion U.S. dollars.


"Over the last five years, Kenya has surpassed global and regional economic growth rates to emerge into an economy that ranks favorably among its peers. This has definitely positioned Kenya as an attractive investment destination," Luseka said in a statement issued in Nairobi.


Luseka's statement came at a time when economic analysts are projecting a rosy outlook for Kenya's economy irrespective of the outcome of the ongoing presidential election petition hearing at the Supreme Court.


Share prices at the Nairobi Securities Exchange have in recent weeks gone up Ederson Copa Mundo Camisa , with the Kenyan shilling gaining strength against the U.S. dollar.


The East African nation has established itself as a regional commercial hub, nurturing a stable economy with highly trained working force as well as a well developed industrial capacity.


Luseka also credited Kenya's positive performance to the calm and respectful conduct exhibited by Kenyans that has guaranteed continued economic activity, adding that this is a clear demonstration that Kenya's democracy has come of age and that the country's systems of governance are robust.


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