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Chinese mainland industrial profits up 1.9% in Jan-Oct 2025

Chinese mainland's industrial sector shows steady profit growth, reflecting manufacturing resilience and ongoing structural upgrades. Data released on Thursday by the National Bureau of Statistics (NBS) reveals that from January through October 2025, industrial enterprises above the designated size reported 5.95 trillion yuan in total profits – up 1.9% year-on-year. Operating revenue also increased by 1.8% during the same period.

High-tech manufacturing drives growth

High-tech manufacturing companies led the charge with an 8% profit increase, outpacing the overall sector by 6.1 percentage points. This surge underscores the mainland's push into advanced technologies, from semiconductors to green energy solutions.

Equipment manufacturing strengthens the backbone

Equipment manufacturers also contributed significantly, with profits climbing 7.8% and adding 2.8 percentage points to total profit growth. Rising global demand for smart machinery and improved supply chain resilience are key drivers behind this performance.

Transformation in traditional industries

Traditional manufacturing sectors are evolving too. Enhanced efficiency and adoption of digital tools have helped these industries outpace the broader sector average. According to the NBS, "new quality productive forces" are taking root, signaling a shift toward higher-value output.

For global investors and startups, these figures suggest fresh opportunities in high-tech hubs across the mainland. As supply chains diversify and local clusters embrace Industry 4.0 tools, new partnerships and talent flows are set to reshape regional economies.

As the mainland navigates global economic uncertainties, this profit growth highlights a balanced recovery driven by innovation and strategic upgrades. Experts will be watching how these trends shape the broader shift toward sustainable, tech-enabled industrial development in 2026.

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