China’s industrial sector is flexing its muscles again! Profits for major industrial firms rose 1.4% year-on-year from January to April 2025, according to the National Bureau of Statistics (NBS). The numbers signal a steady recovery, with April alone seeing a 3.0% jump—outpacing March’s growth by 0.4 percentage points. 💪
What’s fueling the rebound? Policy support and a massive boost in advanced manufacturing. Equipment manufacturing profits skyrocketed 11.2% during the period, contributing over a third of the overall growth. High-tech industries also shined, with seven out of eight sub-sectors posting double-digit gains. Think robotics, green energy, and next-gen tech leading the charge! 🚀
Analysts say the momentum reflects China’s push to upgrade its industrial base while stabilizing the economy. With innovation-driven sectors acting as the new growth engine, this could be a sign of even brighter days ahead. 🌟
Reference(s):
cgtn.com