Chinese industrial firms' smaller first-quarter profits have raised concerns over their uneven recovery and heightened the need for additional stimulus measures to reignite demand and address structural issues, economists said.▲A robot operates equipment on the assembly line of an automaker in Xi'an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILYThey said policymakers should take targeted measures aimed at bolstering consumer spending, incentivizing investment and addressing imbalances within the property market.Looking ahead, the Chinese economy is likely to return to healthy growth by the end of this year, if pivotal problems in real estate, local government debt and consumption are well addressed, they said.Their comments came after data from the National Bureau of Statistics showed on Saturday that industrial enterprises with an annual revenue of at least 20 million yuan ($2.8 million) each saw their total profits increase 4.3 percent year-on-year in the first quarter, after a 10
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