🚀 Good news for industry watchers! Data released on Thursday by the National Bureau of Statistics shows that the Chinese mainland's major industrial firms recorded total profits of 5.95 trillion yuan (about $840 billion) from January through October this year, marking a 1.9% increase year-on-year. Operating revenue also rose by 1.8%, painting a picture of steady growth.
High-Tech Manufacturing Takes the Lead
High-tech factories are powering the recovery: profits in the large high-tech manufacturing sector jumped 8% compared to the same period last year, outperforming the overall industrial average by 6.1 percentage points.
Equipment Manufacturing Keeps the Engine Running
The equipment manufacturing sector also delivered strong results, with profits climbing 7.8% in the first ten months. This segment contributed 2.8 percentage points to the overall profit growth, highlighting its role in boosting supply chain resilience.
Traditional Industries Level Up
Even long-established industries are finding new momentum. By embracing quality-driven upgrades, many traditional manufacturers are posting profit gains above the industrial norm, showing that innovation is taking root across the board.
For young entrepreneurs, students, and global investors, these trends hint at solid opportunities in cutting-edge and heavy industries alike. As the Chinese mainland's industrial landscape evolves, watching these sectors could spark fresh insights and strategies.
Reference(s):
China's industrial profits grow 1.9% in first 10 months of 2025
cgtn.com
