China’s Industrial Profits Jump on Low Base, Policy Support
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
China’s industrial profits grew at the fastest pace in nearly two years in September, but the surge was heavily distorted by a low base of comparison from a year earlier when profits plunged.
Profits at major industrial firms jumped 21.6% year-on-year in September, accelerating by 1.2 percentage points from August’s growth, according to data released Monday by the National Bureau of Statistics (NBS). The figure marks the second straight month of growth and the quickest expansion since late 2023.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
- DIGEST HUB
Digest Hub
Back
Explore the story in 30 seconds
- China's industrial profits rose 21.6% year-on-year in September, the fastest pace in nearly two years, mainly due to a low base in 2024.
- Profits for January–September 2025 increased 3.2% year-on-year; revenue for major firms grew 2.7% in September.
- Profit margins improved, reaching 5.49% in September and 5.26% for the first nine months of 2025.
AI generated, for reference only
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新