Hey Amigo readers! 🌟 Big news: profits of major industrial firms in the Chinese mainland rose 0.9% year-on-year in the first eight months of 2025, according to the Chinese mainland’s National Bureau of Statistics (NBS). That marks a solid turnaround after a 1.7% drop in the first seven months. Talk about a plot twist! 🎬
Even more dramatic, August alone saw a 20.4% profit surge—shaking off July’s 1.5% dip like a pro. NBS statistician Yu Weining credits this rebound to smart macro policies, a more unified national market, and a lower comparison base from last year.
Steady revenue growth also set the stage: operating income climbed 2.3% year-on-year through August, matching the January-July pace. And August revenue jumped by 1.9%, a full point above July, lighting the fire for profits to bloom. 🔥💰
The equipment manufacturing sector played the hero, boosting its profits by 7.2% in the first eight months. Its strong performance pulled overall industrial profit growth up by an extra 2.5 percentage points. 🚀🛠️
Looking ahead, Chinese authorities warn that challenges remain—like a tricky global environment and soft domestic demand. The game plan? Pump up demand and fine-tune competition rules to keep this comeback on track.
Stay tuned for more updates on the economic blockbuster unfolding in the Chinese mainland! 🎥✨
Reference(s):
Profits of China's major industrial firms up 0.9% in first 8 months
cgtn.com
