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China sees upturn of industrial profits in Q1

The Star LogoThe Star11h ago

China sees upturn of industrial profits in Q1 - The Star

Quick Summary:

PROFITS at China's major industrial companies returned to growth in the first quarter, underpinned by the strengthening of high-tech sectors and pointing to strong economic resilience amid trade tensions with the United States, official data showed on Sunday.

On Friday, a meeting of the Political Bureau of the Communist Party of China Central Committee emphasized the need to coordinate domestic economic work with international economic and trade struggles, with efforts focused on stabilizing employment, enterprises, markets and expectations.

Despite the continued recovery in industrial profits, Yu, from the NBS, noted that the external environment is becoming increasingly complex and challenging amid rising instability and uncertainties, and called for more efforts to better implement the announced policy measures and fully unleash the policy potential.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 14:35:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 798 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28242221

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 31 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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