NBS: China industrial firms' profits rise by 0.6% on year in 2025

China's sizable industrial firms, whose annual main business revenue reaches at least Yuan 20 million ($2.8 million), posted a combined gross profit of Yuan 7.4 trillion for 2025, inching up by 0.6% on year, according to the latest data released by the National Bureau of Statistics (NBS) on January 27.

In December alone, the gross profit earned by these industrial firms reversed the 13.1% on-year loss recorded in November to a 5.3% on-year gain, lifting the on-year growth rate of cumulative profits by 0.5 percentage points from 0.1% over January-November, the NBS data indicated. Total business revenue of those sizable