Xinhua
27 Jan 2026, 21:20 GMT+10
(260127) -- BEIJING, Jan. 27, 2026 (Xinhua) -- A worker is seen at a factory at the Haigang economic zone in Tangshan, north China's Hebei Province, Jan. 27, 2026. 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.
Data from the National Bureau of Statistics (NBS) showed on Tuesday that profits for these firms increased 0.6 percent year on year to nearly 7.4 trillion yuan (about 1.06 trillion U.S. dollars) last year, accelerating from a 0.1-percent growth in the January-November period.
A substantial recovery was evident in December, with these firms posting a 5.3-percent year-on-year profit increase, a sharp turnaround from the 13.1-percent decline recorded in November.
Major industrial firms refer to those with an annual main business revenue of at least 20 million yuan. (Photo by Liu Mancang/Xinhua)
Get a daily dose of Professional Autos news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.
More InformationNEW DELHI/BRUSSELS: India is set to make its boldest move yet to open its tightly protected auto market, agreeing to sharply cut import...
TRIPOLI, Libya: Libya is moving to lock in long-term foreign investment in its energy sector, announcing a sweeping oil development...
NEW YORK CITY, New York: A surge in dealmaking and trading that helped cap a standout year for Goldman Sachs also delivered a sizable...
NEW YORK, New York - U.S. stocks edged higher on Monday, but the dollar continued to be hammered, while gold shot up past $5,100 an...
NEW DELHI, India: After two earlier requests were rejected by the Government of India, the U.S. Securities and Exchange Commission...
WASHINGTON, D.C.: After years of regulatory pressure and legal uncertainty, TikTok has secured a path to remain operational in the...
(260127) -- BEIJING, Jan. 27, 2026 (Xinhua) -- A worker is seen at a factory at the Haigang economic zone in Tangshan, north China's...
Mumbai (Maharashtra) [India], January 27(ANI): Maharashtra Chief Minister Devendra Fadnavis on Tuesday hailed the signing of the India-European...
New Delhi [India], January 27 (ANI): The Indian Institute of Technology Delhi (IIT Delhi) celebrated its 68th Foundation Day on Tuesday,...
New Delhi [India], January 27 (ANI): The just-signed India-European Union Free Trade Agreement (FTA) is set to create a future-ready...
New Delhi [India], January 27 (ANI): Indian industry chambers have welcomed the announcement of the India-European Union Free Trade...
New Delhi [India], January 27 (ANI): Prime Minister Narendra Modi has said that the India-EU Free Trade Agreement finalized on Tuesday...
