National Bureau of Statistics: Profits of large-scale equipment manufacturing industry will increase by 7.7% in 2025 compared to the previous year
In 2025, profits in the above-scale equipment manufacturing industry are expected to grow by 7.7%, contributing 2.8 percentage points to the profit growth of all above-scale industrial enterprises, becoming the main driving force for profit growth. Profits from the equipment manufacturing industry account for 39.8% of the total profits of industrial enterprises, an increase of 2.6 percentage points from the previous year. Industry analysis shows that profits in the railway, shipbuilding, aerospace, and electronics industries achieved double-digit growth, at 31.2% and 19.5%, respectively. Other industries such as specialized equipment, electrical machinery, and general equipment also maintained growth
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