China’s Industrial Profits Edge Higher in 2025, End Three-Year Slide
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China’s industrial profits rebounded in December, snapping a two-month decline and lifting full-year earnings into positive territory for the first time in three years, official data showed.
Profits at major industrial firms rose 5.3% from a year earlier in December, compared with a decline of 13.1% in the previous month, according to figures released Tuesday by the National Bureau of Statistics.
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- China’s industrial profits rose 5.3% year-on-year in December 2025 and 0.6% for the full year, reversing three years of declines.
- Manufacturing led gains, with profits up 5% and high-tech manufacturing up 13.3%, while mining profits fell 26.2%.
- State-owned enterprise profits dropped 3.9%, private firm profits were flat, and overall industrial revenue grew 1.1% in 2025.
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