Emerging applications in Industrial Internet of Things (IIoT) pursue ultrareliability, low-latency, and high-data rate. While majority of the industries are in the remote areas, capability of distant ultra-Reliable and Low-Latency Communication (uRLLC) has become one of the key performance indices of IIoT which we need to make a breakthrough. While relaying provides intuitive solution for improving communication distance, the introduction of relay in distant uRLLC intensifies the conflict between reliability and low-latency which further deteriorates the throughput of the relaying-based IIoT. In this work, we adopt full-duplex relaying to enhance the performance of distant uRLLC in IIoT. Specifically, we improve the reliability at media access control layer and throughput at physical layer in full-duplex relaying-based IIoTs, through jointly optimizing the coding rate and the power allocation between the source and relay node. In particular, a low-complexity algorithm is developed to find the exact optimal coding rate and relay power under total system power constraint. Extensive numerical results validate the conclusion that the reliability and throughput of distant uRLLC in IIoT are enhanced through full-duplex relaying, power allocation, and rate adaptation.