Guangzhou (JLC), July 28, 2025--Profits of China's major industrial firms fell by 1.8% year on year in the first half (H1) of 2025, data from the National Bureau of Statistics (NBS) showed on July 27.
Industrial firms with an annual main business revenue of at least 20 million yuan (about 2.78 million US dollars) saw their combined profits reach 3.44 trillion yuan in H1.
Specifically, China reaped profits of 429.41 billion yuan from the mining industry in the period, tumbling by 30.3% from the year before, the NBS data indicated. On the contrary, profits from the manufacturing industry rose by 4.5% year on year to 2.59 trillion yuan, and those from the electricity, heat, gas and water production and supply industry increased by 3.3% to 417.04 billion yuan.
Meanwhile, the combined business revenue of China's major industrial firms stood at 66.78 trillion yuan during the period, a year-on-year growth of 2.5%.
In June alone, the country's industrial profits declined by 4.3% year on year to 715.58 billion yuan, the NBS data also showed.
