BEIJING (Reuters) -Profits at China’s industrial firms dipped 1.7% in the first seven months of 2025 from the same period last year, official data showed on Wednesday.
The drop followed a 1.8% decline in the first half, according to National Bureau of Statistics (NBS) data.
Industrial profit figures cover firms with annual revenue of at least 20 million yuan ($2.80 million) from their main operations.
($1 = 7.1551 Chinese yuan)
(Reporting by Qiaoyi Li and Ryan Woo; Editing by Jacqueline Wong)
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