Profits of China’s major industrial firms grew 3.2 per cent YoY to 5.37 trillion yuan (~$743 billion) in January–September 2025, according to the National Bureau of Statistics.
The data covers firms with annual revenue above 20 million yuan (~$2.8 million).
In September alone, profits surged 21.6 per cent from a year earlier, marking a strong rebound in industrial performance.