China’s industrial profits rise 0.8% in Q1
- China's large industrial firms recorded profit growth in the first quarter according to NBS data.
- This rise followed a profit decline in 2024 and contraction in the first two months.
- High-Tech manufacturing and equipment sectors notably drove the profit increase.
- Cumulative profits for the quarter rose 0.8 percent reaching 1.5 trillion yuan.
- This profit turnaround is critical for boosting business confidence and signals economic resilience.
21 Articles
21 Articles
China's Industrial Sector Shows Recovery Signs in First Quarter - Real News Now
In the first quarter, profits in China’s industrial sector indicated signs of revival, according to the latest government data released on Sunday. However, the persistent trade war with the United States casts a gloomy shadow, conceivably dampening this promising trend. With the looming threat of severe tariffs from Washington poised to impact China’s vital export sector and no clear plans for bilateral trade discussions, investors and economist…
China's Q1 industrial profits return to growth amid tariff woes
BEIJING: China's industrial profits returned to growth in the first quarter, official data showed on Sunday, but are likely to come under further pressure amid a trade war with the United States. © New Straits Times Press (M) Bhd
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