波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Industrial profits post fast growth

By Ouyang Shijia | chinadaily.com.cn | Updated: 2025-10-27 23:26
Share
Share - WeChat

China's industrial profits grew at its fastest pace in nearly two years in September, official data showed on Monday, as policy measures to rein in rat-race competition helped ease pressure on manufacturers despite lingering domestic and external headwinds.

Analysts attributed the rebound in corporate profitability to firmer prices and resilient industrial output, supported by Beijing's pro-growth policies, pointing to a stabilizing economy buoyed by the strong performance of the new quality productive forces.

Looking ahead, they expect the recovery momentum to extend into the fourth quarter, with policymakers likely to intensify countercyclical adjustments to boost domestic demand, spur market confidence and reinforce internal growth drivers — keeping China on track to meet its full-year growth target.

China's industrial enterprises with an annual revenue of at least 20 million yuan ($2.8 million) saw their total profits soar 21.6 percent year-on-year in September, following a 20.4 percent jump in August, marking the largest gain since November 2023, data from the National Bureau of Statistics showed on Monday.

During the first nine months of the year, profits at major industrial companies grew to 5.37 trillion yuan, a year-on-year increase of 3.2 percent, following a 0.9 percent rise in the first eight months.

Wen Bin, chief economist at China Minsheng Bank, said: "The strong growth in September's industrial profits was largely driven by a low base from last year, combined with stabilizing production, easing price pressures and improving profit margins."

NBS data showed China's industrial output surged 6.5 percent year-on-year in September after a 5.2 percent rise in August, marking the first acceleration in three months.

Meanwhile, China's producer price index — which measures factory-gate prices — fell 2.3 percent year-on-year in September, easing from a 2.9 percent drop in August.

Wen also noted that "structural bright spots are a key part of the rebound in corporate profitability", underpinned by the robust performance of high-tech manufacturing and equipment manufacturing sectors.

According to the NBS, profits in high-tech manufacturing industries surged 26.8 percent in September, driving overall industrial profit growth to accelerate by 6.1 percentage points.

For the first nine months, profits in equipment manufacturing industries soared 9.4 percent, contributing 3.4 percentage points to overall profit growth.

Citing the faster profit growth among private sector and foreign companies, Wen said that it indicates market expectations are improving, and business confidence is recovering.

Looking ahead, he said the fourth quarter will likely see steady growth in industrial profits with the government's effective measures to curb involution competition, easing price pressures and improving corporate profitability.

In the communique of the fourth plenary session of the 20th Central Committee of the Communist Party of China, which was released on Thursday, policymakers called for "resolutely achieving the economic and social targets set for this year", suggesting they will ensure GDP growth will reach the "around 5 percent" growth target.

Lu Ting, chief China economist at Nomura, said he expects the country to refocus on short-term growth stability. "Beijing just needs around 4.2 percent GDP growth in the fourth quarter to deliver that target. So, from a statistics perspective, it's easily within reach," he said.

The best strategy is to resist the temptation to fuel the stock markets by avoiding too high-profile monetary measures in the near term, remaining vigilant by avoiding contractionary policies, cleaning up the property market problem, and addressing some deep-rooted problems such as the unequal social security system, Lu said.

A report released by the Chinese Academy of Social Sciences' Institute of Finance & Banking on Monday noted that insufficient effective demand remains a prominent challenge.

Against the backdrop of US-China trade friction and profound structural economic shifts, the report said China should advance macroeconomic governance system innovation that addresses both existing structures and new growth drivers, with a focus on enhancing policy efficacy.

"In the short term, macro policies should be proactively strengthened, including more forceful fiscal spending tilted toward consumption stimulation, utilizing the room for interest rate cuts and reserve requirement ratio reductions created by the US Federal Reserve's move, and implementing multi-pronged measures to stabilize the property market and foster its high-quality development," said Wang Qing, assistant researcher at the institute.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒
91精品国产一区二区三区香蕉 | 国产精品久久夜| 精品嫩草影院久久| 欧美va亚洲va香蕉在线| 日韩欧美电影一区| 亚洲精品在线观| 久久久欧美精品sm网站| 国产日产欧美精品一区二区三区| 久久综合色播五月| 国产精品毛片久久久久久久| 中文字幕一区av| 一区二区三区精品视频| 性做久久久久久| 久久99国产精品久久99果冻传媒| 久久一留热品黄| 国产精品久久久久久久久免费丝袜 | 农村末发育av片一区二区| 国产69视频在线观看| 日本xxxxxxxxx18| 我要看黄色一级片| 欧美日韩国产精品成人| 日韩一二三四区| 成人免费精品动漫网站| 成人性生活毛片| 色悠悠久久综合| 欧美一区二区在线观看| 久久精品一区二区三区不卡牛牛| 中文字幕一区二| 热久久免费视频| 日韩久久久久久久久久久| 欧美日韩高清丝袜| 欧美撒尿777hd撒尿| 欧美国产97人人爽人人喊| 亚欧色一区w666天堂| 粉嫩av亚洲一区二区图片| 无遮挡aaaaa大片免费看| www青青草原| 久久影院午夜片一区| 亚洲国产视频一区| 99r精品视频| 91麻豆免费视频网站| 欧美白人最猛性xxxxx69交| 亚洲男人的天堂在线观看| 国产精品资源在线看| 国产美女精品久久| 欧美一级搡bbbb搡bbbb| 亚洲一区二区三区在线播放| 成人精品视频一区二区三区| 91精品久久久久久久久久久久| 欧美一区三区二区| 亚洲成人福利片| 欧美xxxxx少妇| 欧美精选在线播放| 亚洲第一激情av| 白嫩情侣偷拍呻吟刺激| 欧美日韩综合不卡| 亚洲在线视频一区| 97精品人人妻人人| 91麻豆精品国产综合久久久久久| 亚洲影视资源网| 涩视频在线观看| 91精品国产欧美一区二区18| 日韩高清在线不卡| 97人妻精品一区二区免费| 精品国产免费人成电影在线观看四季| 日韩经典中文字幕一区| www.色多多| 国产蜜臀av在线一区二区三区| 国产成人av在线影院| 色偷偷久久一区二区三区| 一区二区三区四区不卡在线 | 久久夜色精品国产噜噜av| 免费高清在线视频一区·| 中文字幕有码在线播放| 国产农村妇女毛片精品久久麻豆| 成人精品一区二区三区四区| 欧美视频中文一区二区三区在线观看| 亚洲精品美国一| 女~淫辱の触手3d动漫| 国产精品素人视频| 在线观看你懂的视频| 精品日产卡一卡二卡麻豆| 国产91精品露脸国语对白| 欧美精品丝袜中出| 国产乱色国产精品免费视频| 欧美日韩一区二区三区在线| 麻豆久久一区二区| 欧美日精品一区视频| 国产99久久久国产精品免费看| 欧美日韩亚洲国产综合| 国产精品中文字幕一区二区三区| 欧美日韩中文字幕精品| 国产乱色国产精品免费视频| 欧美日韩高清一区二区不卡| 国产成人福利片| 日韩视频免费观看高清完整版| www.欧美日韩国产在线| 久久亚洲综合av| 亚洲自拍偷拍一区二区| 亚洲午夜电影网| 色诱视频网站一区| 粉嫩绯色av一区二区在线观看| 欧美成人伊人久久综合网| 99re成人在线| 国产精品高清亚洲| av成人免费网站| 国产麻豆91精品| 国产三级精品在线| 日本二区在线观看| 蜜臀久久99精品久久久画质超高清| 欧美三片在线视频观看| 99re成人精品视频| 一区二区三区欧美日韩| 欧洲精品一区二区| 91网站最新地址| 亚洲综合丁香婷婷六月香| 欧美性一级生活| 国产婷婷在线观看| 午夜精品一区在线观看| 欧美精品高清视频| 亚洲一区二区三区四区五区六区| 午夜精品福利久久久| 精品三级在线观看| 国产又黄又粗的视频| 国产福利91精品一区二区三区| 国产欧美视频一区二区| xxxx日本少妇| 涩视频在线观看| 老司机精品视频在线| 日本一区二区三区在线观看| 老妇女50岁三级| 国产真实乱人偷精品| 久久av无码精品人妻系列试探| 一区二区三区免费网站| 欧美老女人在线| 国产又黄又粗视频| 成人性生交大片免费看视频在线| 亚洲欧美色综合| 7777精品伊人久久久大香线蕉超级流畅| 污污污www精品国产网站| 久久精品二区亚洲w码| 欧洲人成人精品| 成人国产精品久久久网站| 国v精品久久久网| 奇米色777欧美一区二区| 国产精品久久久久久久久果冻传媒| 欧美专区亚洲专区| 日本二区在线观看| 女教师高潮黄又色视频| 韩国av一区二区| 亚洲成人中文在线| 国产精品不卡视频| 亚洲精品在线一区二区| 欧美日韩国产系列| 2024国产精品| 欧美美女网站色| 久久久久国产免费| 奇米在线7777在线精品 | 成人网在线免费视频| 日韩影视精彩在线| 亚洲乱码国产乱码精品精可以看 | 欧美色手机在线观看| 911国产在线| 国产视频三区四区| 老熟妇精品一区二区三区| 不卡欧美aaaaa| 国产成人鲁色资源国产91色综 | 国产精品乱码一区二三区小蝌蚪| 日韩欧美电影一区| 日韩欧美卡一卡二| 日韩一级大片在线| 日韩三级精品电影久久久| 欧美日韩国产另类不卡| 欧美群妇大交群的观看方式| 色视频成人在线观看免| 午夜爽爽爽男女免费观看| 午夜国产小视频| 久久av红桃一区二区禁漫| 国产jizz18女人高潮| 国产精品麻豆免费版现看视频| 国产一二三四区在线| 91视频免费在观看| 亚洲一二三在线观看| 日韩a级片在线观看| 欧美综合天天夜夜久久| 欧美欧美欧美欧美| 精品国内二区三区| 国产欧美久久久精品影院| 亚洲欧洲av另类| 亚洲午夜视频在线观看| 美女爽到高潮91| 国产成人av一区二区三区在线观看| 国产99久久久国产精品免费看 | 亚洲电影一区二区| 老司机精品视频导航| 国产99久久久国产精品免费看| 91免费视频大全| 国产一二三四五区| 国产黄色片在线免费观看| 91精品国产综合久久精品性色|