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China's industrial profits fall 1.8% in first half

China's industrial profits fall 1.8% in first half

Reuters4 days ago
BEIJING, July 27 (Reuters) - Profits at China's industrial firms dropped 1.8% in the first half of 2025 from the corresponding period last year, official data showed on Sunday.
The slide followed a decline of 1.1% in the period from January to May, according to National Bureau of Statistics (NBS) data.
Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.79 million) from their main operations.
($1=7.1561 Chinese yuan renminbi)
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