BEIJING, July 27 (Xinhua) -- China's major industrial firms reported a smaller profit decline in June, official data showed Thursday.
Industrial firms with annual main business revenue of at least 20 million yuan (about 2.81 million U.S. dollars) saw their combined profits stand at 719.76 billion yuan last month, down 8.3 percent from a year ago, narrowing from the 12.6-percent drop in May.
