China's industrial profits have shown growth despite concerns about weak domestic demand. In July, industrial profits rose by 4.1% year-on-year, according to data from the National Bureau of Statistics (NBS). For the first seven months of the year, profits of industrial enterprises above designated size increased by 3.6% to CNY 4.1 trillion (USD 575.4 billion), while revenue rose 2.9% to CNY 75.93 trillion (USD 10.66 trillion). High-tech manufacturing and equipment manufacturing enterprises saw significant profit increases of 12.8% and 6.1%, respectively. However, China's state-owned enterprises experienced a 2% decrease in profit during the same period, though their revenues increased by 1.6% to 47.29 trillion yuan (about 6.64 trillion U.S. dollars).