Dragged down by weak heavy industry and an ailing state-owned sector, industrial profitability in China fell last year to its lowest level since 2003 while persistent overcapacity is likely to perpetuate downward pressures on profit margins, a new study has found.
一項新的研究發現，受重工業疲軟以及國有企業境況不佳的拖累，去年中國工業企業的盈利能力下滑至2003年以來的最低水準，而持續的產能過剩可能給利潤率帶來持久下行壓力。
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