Chinese mainland industrial profits up 1.9% in Jan-Oct 2025
Chinese mainland industrial enterprises posted 5.95 trillion yuan in profits from January to October 2025, up 1.9% year-on-year as high-tech and equipment manufacturing drive growth.
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China’s yuan-denominated loans surged by $1.86 trillion in H1 2024, driven by a booming manufacturing sector and external demand, according to central bank data.
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China’s new energy manufacturing faces accusations of overcapacity, but robust global demand suggests a need for further expansion to meet climate goals.