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BEIJING， July 4 (Xinhua) -- Non-ferrous metal companies listedon China's stock exchanges performed strongly on Monday as theindustry is showing signs of a recovery despite economicheadwinds.
Shares of all listed non-ferrous metal producers， except thosesuspended， gained by the trading break at noon， with the sector'ssub-index jumping 4.46 percent， leading a 1.77-percent rise in thebenchmark Shanghai Composite Index.
The stellar growth could be attributable to continued profitimprovement since the beginning of the year.
The non-ferrous metal industry raked in 68.74 billion yuan(around 10 billion U.S. dollars) of profit in the first fivemonths， up 8.6 percent year on year， according to the Ministry ofIndustry and Information Technology (MIIT). The performancereversed a 15-percent decline for the whole year of 2015.
Industrial output of non-ferrous metal companies with annualturnover surpassing 20 million yuan increased by 9.6 percent. Thiswas the second-fastest growth among 12 major heavy industrialsectors， the MIIT data showed.
Confronted with overcapacity and falling prices， leadingproducers in the industry have agreed to cut output in the hope ofweathering economic hardships. Enditem
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