China's ferrous metal smelting and rolling sector recorded gross profit of 109.83 billion yuan (US$15.9 billion) in 2025, up 299.2 percent from gross profit of 29.19 billion yuan recorded in 2024, China's National Bureau of Statistics (NBS) announced on 27 January.
The automobile sector recorded gross profit of January 27. In 2025, the investment volume will be 461.02 billion yuan ($66 billion), up 0.6 percent year-on-year.
At the same time, the ferrous metal mining and beneficiation, metallurgy, railway, shipping, aerospace and other transportation equipment sectors recorded a gross profit of 45.81 billion yuan (6.2 billion US dollars), 173.62 billion yuan (21.7 billion US dollars) and 143.13 billion yuan (17.9 billion US dollars) in 2025, a decrease of 16.0. percent, down 7.5 percent and up 31.2 percent year on year, respectively.
During the period, the combined gross profit of China's large and medium-sized industrial enterprises was 7.3982 trillion yuan (US$1.07 trillion), an increase of 0.6 percent year on year.
$1 = 6.9858 yuan
