
Chinese mainland industrial profits decline narrows for 2nd month
Profits of major industrial firms on the Chinese mainland fell 1.5% year-on-year in July, narrowing for a second month, led by an 18.9% surge in high-tech manufacturing.
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Profits of major industrial firms on the Chinese mainland fell 1.5% year-on-year in July, narrowing for a second month, led by an 18.9% surge in high-tech manufacturing.
Chinese premier Li Qiang calls for comprehensive macro policies, stronger consumption, tech-driven innovation, and high-standard opening up to keep the Chinese mainland on track for annual development goals.
CPC Central Committee leaders outlined key priorities to boost the Chinese mainland’s economic recovery with proactive policies, domestic demand and innovation.
The Chinese mainland’s manufacturing PMI edged up to 49.7 in June, marking two months of growth as production and new orders return to expansion amid a broadening recovery.
China and the U.S. concluded their first economic and trade consultations in London, seeking to boost global growth and market confidence amid mixed forecasts and policy shifts.
The Chinese mainlands industrial profits rose 1.4% in JanApr 2025, led by an 11.2% surge in equipment manufacturing and a 3.0% April gain driven by policy stimulus and high-tech innovation.
Insights from the 2025 Tsinghua PBCSF Global Finance Forum show China’s steady economic recovery and strategic reforms for high-quality growth amid global headwinds.
April’s data shows the Chinese mainland’s consumption, investment and industrial output surging, with startup vitality and infrastructure projects fuelling a robust economic recovery.
The Chinese mainland introduces robust macro regulations to boost economic recovery in 2024, focusing on stabilizing the real estate market and enhancing demand.
China’s economic recovery accelerated in February as PMI data for both manufacturing and non-manufacturing sectors entered expansion territory, signaling robust growth.