China's industrial profits up 3.4 pct in January-May
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Official data shows profits of China's major industrial firms increased 3.4 percent year on year in the first five months of the year.
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China's weather forecasting department has issued the highest level alert for rainstorms. The National Meteorological Center says some areas in Anhui, Jiangsu, Hubei, and other places in central, eastern and southern China will have downpours from Saturday to Sunday.
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