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BEIJING, Sept. 1 (Xinhua) -- Listed companies in China reported rapid profit growth in the first half of this year (H1), as the country's structural reform began to bear results.


A total of 3,341 listed companies on the country's two major exchanges reported combined revenue of 18.12 trillion yuan (2.75 trillion U.S. dollars) Reshad Jones Womens Jersey , up 24.1 percent year on year, according to data compiled by eastmoney, a financial data provider.


Combined profits attributable to shareholders totaled 1.67 trillion yuan, up 21.12 percent year on year.


More than 600 companies saw their profit growth double Minkah Fitzpatrick Womens Jersey , while 362 companies saw their profits up 50 to 100 percent.


The country's four biggest commercial banks all posted faster profit growth in H1, attributed to improved services and strengthened risk control.


The Industrial and Commercial Bank of China (ICBC), the largest lender by market value, saw its net profit attributable to equity holders rise 1.8 percent year on year to 153 billion yuan in H1 Authentic Dan Marino Jersey , higher than the 0.8-percent rise in the same period of last year.


The growth came amid tightened financial regulations this year that aimed to curb shadow banking and control risks arising from activities such as off-balance sheet financing.


Assets quality of the banks has improved notably. By the end of June, the non-performing loan ratio for ICBC stood at 1.57 percent, down from 1.62 percent six months earlier. The ratio for Agricultural Bank of China, another major bank Authentic Jordan Phillips Jersey , also dropped 0.18 percentage points to 2.19 percent.


While a stabilizing economy and the country's ongoing structural reform have contributed to high profits and better assets quality, the improvements were also a result of rising profitability of cyclical industries including coal and . Cheap NFL Jerseys China Cheap College Jerseys China Cheap Wholesale NHL Jerseys Cheap Authentic NFL Jerseys Cheap Soccer Jerseys Free Shipping Cheap College Jerseys Cheap Authentic Soccer Jerseys Cheap New MLB Jerseys Cheap Football Jerseys Cheap Nike NBA Jerseys