China's industrial sector showed renewed resilience as profits at major firms grew 1.4% year-on-year during the first four months of 2025, according to data released by the National Bureau of Statistics (NBS). The figures signal steady progress in economic stabilization efforts, with April alone recording a 3.0% profit increase – the fastest growth rate in three months.
Drivers of Growth: Policy support and technological advancement fueled gains, particularly in equipment manufacturing (11.2% profit surge) and high-tech industries. Seven of eight equipment manufacturing subsectors achieved double-digit growth, contributing 3.6 percentage points to overall industrial profit expansion.
Strategic Sectors Shine: Advanced manufacturing emerged as a key pillar, aligning with China's push for innovation-driven development. Analysts attribute the sustained recovery to targeted fiscal measures and increased global demand for green energy components and automation solutions.
This upward trend comes as multinational corporations reassess supply chain strategies, with many expanding production bases in the Chinese mainland to leverage its industrial upgrading initiatives.
Reference(s):
cgtn.com