Economic Buzz: China's industrial profits slide for second month

Chinese industrial enterprises recorded a total gross profit of Yuan 3.44 trillion for the first half of 2025, slipping by 1.8% on year, according to the latest data released by China's National Bureau of Statistics (NBS). During June, these industrial firms' gross profits fell by 4.3% on year to Yuan 715.6 billion, maintaining a decline after a sharp 9.1% on-year drop recorded during May, the NBS data indicated. However, the sizable industrial firms saw their business revenue grow by 2.5% on year-to-date basis.

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