BEIJING - Profits of China's major industrial firms increased 3.2 percent year-on-year in the first nine months of 2025, official data showed Monday.

Industrial firms with an annual main business revenue of at least 20 million yuan (about $2.8 million) saw their combined profits totaling 5.37 trillion yuan during the nine-month period, according to the National Bureau of Statistics (NBS).

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In September, profits of major industrial firms recovered remarkably, rising 21.6 percent from the same period last year, according to the NBS.