# 2025 economic data

China's Industrial Profits Inch Up as Tech and Equipment Manufacturing Offset a Mining Slump

China's large industrial firms posted a small 0.6% profit increase in 2025, driven by strong gains in equipment and high‑technology manufacturing that offset a steep fall in mining. Revenue growth remained tepid and indicators such as rising receivables and inventories point to a fragile recovery that could be vulnerable to external demand shocks.