BEIJING - The combined profit of China's major industrial enterprises went down 0.3 percent year-on-year in the first two months of 2025, the National Bureau of Statistics (NBS) said on Thursday.

Industrial profits fell 0.3% from a year earlier during the first two months of the year, compared with the annual 3.3% drop seen in 2024, the National Bureau of Statistics said Thursday.

Retail sales, a measure of consumer spending in China, accelerated, and investment and industrial production grew more than expected, though unemployment rose to a two-year high, and the ...