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Profits of China's major firms back to growth
Gulf Today
|September 28, 2025
Profits of China's major industrial firms increased 0.9% year-on-year in the first eight months of 2025, reversing the 1.7% decline in the January-July period, official data showed on Saturday.
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Industrial firms with an annual main business revenue of at least 20 million yuan (about US$2.81 million) saw their combined profits totaling nearly 4.7 trillion yuan during the eight-month period, according to the National Bureau of Statistics.
Operating revenue of these firms reached 89.62 trillion yuan, an increase of 2.3% yoy. This marks a significant turnaround in profitability, which had been declining since May.
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