The manufacturing sector showed marked improvement, posting a 1.4 per cent profit growth in June. Equipment manufacturing and high-tech industries led the rebound. Industries aligned with China’s industrial upgrade initiatives also performed well.
In H1 2025, profits of China’s major industrial firms fell 1.8 per cent YoY to 3.44 trillion yuan, though June showed recovery with manufacturing profits rising 1.4 per cent.
Key sectors like automotive and high-tech industries led the rebound.
Meanwhile, logistics efficiency improved, with social logistics costs dropping to 14 per cent of GDP.
Meanwhile, China’s logistics sector demonstrated enhanced efficiency in the first half of 2025, as per data released by the National Development and Reform Commission (NDRC).
The ratio of social logistics cost to gross domestic product (GDP)—a key indicator of cost efficiency—stood at 14 per cent, reflecting a 0.1 percentage point decline from the first quarter and a 0.2 percentage point drop year-on-year. The NDRC noted that this decline indicates positive outcomes in efforts to reduce logistics costs across society.
Fibre2Fashion News Desk (SG)
