An employee operates at a smart workshop of Luoyang Bearing Group Co Ltd in Luoyang, Central China’s Henan province, Nov 4, 2025. [Photo/Xinhua]
BEIJING – Profits of China’s major industrial firms returned to growth in 2025, snapping a three-year streak of declines, with emerging sectors such as equipment manufacturing and high-tech manufacturing serving as major growth drivers.
Profits of China’s major industrial firms increased 0.6 percent year-on-year to nearly 7.4 trillion yuan ($1.06 trillion) last year, data from the National Bureau of Statistics showed on Tuesday.
Major industrial firms refer to those with an annual main business revenue of at least 20 million yuan.
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