Editor's Note: Profits of China's major industrial firms rose 6 percent year on year to 582.3 billion yuan (82.28 billion U.S. dollars) in May due to the easing of cost pressures on producers and gradual recovery of market demand, data from the National Bureau of Statistics (NBS) showed Sunday. Liu Zhiqin, a senior fellow at Chongyang Institute for Financial Studies, Renmin University, interviwed by Biz Today and shared his opinion.

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