Rise in Profits of Major Industrial Companies in China During January-October

Business

Beijing: Official data released by China's National Bureau of Statistics on Thursday showed that profits of major industrial firms in China rose 1.9% year-on-year in the first ten months of 2025. According to Yemen News Agency, Xinhua News Agency quoted the bureau as saying that the cumulative growth rate has remained positive for three consecutive months since last August. The bureau added that industrial firms with annual revenues of at least 20 million yuan (about US$2.8 million) achieved total profits of 5.95 trillion yuan during the period from January to October.