China's industrial profits rise 0.6% in 2025, accelerating in December as output expands despite weak demand

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NINGBO, CHINA - JANUARY 22: Employees enactment connected the accumulation enactment of snowboards astatine a store to conscionable the orders connected January 22, 2026 successful Ningbo, Zhejiang Province of China.

He Yuankai/Zhejiang Daily Press Group | Visual China Group | Getty Images

China's concern profits roseate 0.6% successful 2025 from a twelvemonth earlier, snapping 3 consecutive years of declines, arsenic manufacturing output expanded contempt anemic home demand.

The gait of maturation accelerated from 0.1% successful the January to November period, according to information from the National Bureau of Statistics.

Industrial profits climbed 5.3% successful December from a twelvemonth earlier, marking the champion show since September erstwhile the net surged 21.6%. The net had faltered successful October and November, falling 5.5% and 13.1% respectively.

Profits astatine the country's large concern firms person been battered by the bruising terms wars sweeping crossed respective industries past twelvemonth arsenic sluggish user demands near companies grappling with excess capacity.

Beijing appears to beryllium taking immoderate comfortableness from the header economical maturation past twelvemonth that met the authoritative people of 5%, helped by beardown export maturation arsenic a one-year U.S.-China commercialized truce kept higher tariffs astatine bay.

But economists person called for further argumentation enactment to bolster home request and wide economical growth. Retail income grew 3.7% successful 2025 from a twelvemonth earlier, lagging down the wide economical maturation and a 5.9% enlargement successful concern output.

At a property briefing connected Monday, Yang Mu, an authoritative astatine the Chinese Commerce Ministry, said Beijing volition measurement up efforts successful boosting household spending for cars, location appliances, and physics goods, portion targeting depletion successful the services sector.

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