Hey there! Guess what? China’s big factories and companies are starting to make more money again! 🎉
In the first three months of 2025, the profits of China’s main industrial companies went up by 0.8%. That means they earned more money than they did at the same time last year. This is great news because last year, their profits had been going down.
So, what does this mean? Well, imagine you’ve been saving money in your piggy bank, but for a while, you weren’t able to save as much as before. Now, you’re starting to save more again! That’s what’s happening with these companies.
These companies are really big—they make at least 20 million yuan ($2.78 million) each year! Together, they made a whopping 1.51 trillion yuan in profits during the first quarter of 2025. That’s a lot of zeros! 💰
Nearly 60% of China’s big industrial sectors saw their profits grow. Out of 41 major types of industries, 24 made more money than last year.
The manufacturing sector, which includes making things like toys, clothes, and electronics, did really well. Their profits went up by 7.6% compared to last year. That’s like getting a higher score on your favorite game!
Also, the total money these big companies made from selling their products went up by 3.4%. That’s even better than how they were doing in the first two months of the year.
Why is this important? When companies make more money, they can create more jobs, make better products, and help the economy grow. It’s like the whole country is leveling up! 🎮
Isn’t it exciting to see how things can turn around? Keep an eye on the news to see how the rest of the year goes!
Reference(s):
cgtn.com
