{"id":335064,"date":"2025-10-27T01:58:12","date_gmt":"2025-10-27T01:58:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/335064\/"},"modified":"2025-10-27T01:58:12","modified_gmt":"2025-10-27T01:58:12","slug":"chinas-industrial-profits-surge-21-6-in-september-biggest-jump-in-nearly-two-years","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/335064\/","title":{"rendered":"China’s industrial profits surge 21.6% in September, biggest jump in nearly two years"},"content":{"rendered":"

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China.<\/p>\n

Shi Kuanbing | VCG | Visual China Group | Getty Images<\/p>\n

China’s industrial profits soared 21.6% in September from a year ago, the National Bureau of Statistics said Monday, as Beijing’s campaign to curb price wars helped ease pressure on manufacturers despite persistent trade tensions with the U.S.<\/p>\n

That sharp jump, extending a strong rebound that began in August when the industrial profits jumped 20.4% year-on-year, marked the biggest gain since November 2023.<\/p>\n

For the first nine months of the year, profits at major industrial firms grew 3.2%, the official data showed.<\/p>\n

The rebound in corporate profitability was largely helped by Beijing’s policies aimed at curtailing fierce price competition across industrial sectors, at a time when deflation in producer prices stretched into its third year. <\/p>\n

\"Made <\/a><\/p>\n

China’s consumer prices fell more than expected<\/a> in September, slipping 0.3% from a year earlier, while the producer price index slumped 2.3%.<\/p>\n

Chinese manufacturers have weathered uncertain trade policies with the U.S. and tepid consumer confidence at home as the world’s second-largest economy grappled with a prolonged housing downturn, weak labour market conditions and growing headwinds on its exports.<\/p>\n

While the country’s overall exports have remained resilient this year, analysts expect the trade growth to slow in the final quarter, in part due to the high base last year.<\/p>\n

“We expect export growth to slow in Q4, after an increase to 6.6% y-o-y in Q3 from 6.2% in Q2, due to a high base and rising trade barriers globally,” said a team of economists at Nomura.<\/p>\n

China’s economy expanded 4.8% in the third quarter<\/a>, marking the slowest rate in a year. Fixed-asset investment unexpectedly contracted 0.5% in the first nine months of the year \u2014 the first such decline since 2020 during the pandemic \u2014 according to data going back to 1992 from Wind Information.<\/p>\n

Industrial output grew faster than expected in September, climbing 6.5% from a year ago, and up from 5.2% growth in the previous month.<\/p>\n

The resilient headline figures suggest Beijing may not see much urgency in rolling out more stimulus measures to achieve its growth target of around 5% for this year, analysts said.<\/p>\n

While Chinese policymakers pledged to boost domestic demand<\/a> at a high-profile economic planning meeting earlier this month, they also stressed the need for technological breakthroughs in technological frontiers and upgrading the country’s industrial capabilities.<\/p>\n

“References to ‘expanding domestic demand’ and ‘improving livelihoods’ are present but comparatively much less prominent,” said Louise Loo, head of Asia Economics at Oxford Economics.<\/p>\n

“These suggest that while policymakers recognise weak household sentiment and a savings overhang, they don’t envision large-scale consumption stimulus over the next five years,” Loo added.<\/p>\n

This is breaking news. Please refresh for updates.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor…\n","protected":false},"author":3,"featured_media":335065,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[8000,7998,133,64,81,79,135,67,132,68],"class_list":{"0":"post-335064","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia-economy","9":"tag-breaking-news-asia","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-economy","14":"tag-markets","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115443657302034429","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/335064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=335064"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/335064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/335065"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=335064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=335064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=335064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}