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——2025年12月工业企业盈利数据点评:盈利周期步入上行通道
EBSCN· 2026-01-27 07:49
Profit Growth - In December 2025, industrial enterprises' profit growth rebounded significantly to +5.3% year-on-year, compared to a decline of 13.1% in the previous month[4] - The cumulative profit growth for industrial enterprises from January to December 2025 was +0.6%, up from +0.1% for the first eleven months[2] - The cumulative revenue growth for industrial enterprises from January to December 2025 was +1.1%, down from +1.6% for the first eleven months[2] Price and Profit Margin - The profit margin for industrial enterprises in December 2025 was 5.57%, an increase of 0.22 percentage points year-on-year[4] - The Producer Price Index (PPI) year-on-year growth improved from -2.2% in November to -1.9% in December 2025[4] - The cumulative revenue profit margin for industrial enterprises from January to December 2025 was 5.31%, higher than 5.29% in the first eleven months[4] Structural Changes - Profit distribution is increasingly concentrated in upstream and midstream industries, while downstream sectors face pressure from rising costs[3] - The cumulative profit growth for the mining industry from January to December 2025 was -26.2%, an improvement from -27.2% in the first eleven months[13] - The cumulative profit margin for the manufacturing sector was 4.70%, up from 4.62% in the previous month[13] Market Dynamics - Private enterprises' cumulative profit growth stabilized at 0% in 2025, while state-owned enterprises saw a decline of -3.9%[26] - The inventory growth for industrial enterprises was 3.9% year-on-year in December 2025, down from 4.6% in November[30]
商务部新闻发言人就中英经贸合作情况答记者问:拟与英方签署贸易投资合作方面成果文件,力争打造中英经贸合作的新增长点
人民财讯1月27日电,商务部新闻发言人就中英经贸合作情况答记者问,有记者问:英国首相斯塔默将 于1月28日至31日对中国进行正式访问,这将是英国首相时隔8年首次访华。请问双方届时在经贸领域将 有哪些活动安排,有望取得哪些成果?如何评价中英经贸关系发展现状及未来合作前景? 当前全球贸易保护主义加剧,中英均坚持自由贸易和维护多边贸易体制,双方将致力于优势互补、互利 共赢的经贸合作,推动货物和服务贸易协同发展,投资合作双向奔赴,不断拓展绿色能源、医疗健康、 创意产业、智能制造等领域合作空间。商务部愿与英方经贸主管部门一道,共同落实好两国领导人达成 的重要共识,加强经贸政策沟通,为双方企业合作创造公平、透明、法治化的营商环境,推动中英经贸 关系不断迈上新台阶。 答:中英互为重要经贸伙伴。长期以来,在两国领导人的战略引领下,中英经贸关系保持健康稳定发 展。2025年,中英双边货物贸易额达到1037亿美元,服务贸易额有望突破300亿美元,双向投资存量近 680亿美元。英国分别担任第二十五届投洽会、第四届消博会主宾国,中英两国务实合作充满活力。 据了解,届时斯塔默首相将率50余家英国大企业高管和机构代表随访,涵盖金融、医药 ...
连续多年GDP增速保持全国前列,这个西北省份凭什么?
第一财经· 2026-01-27 07:37
Core Viewpoint - Gansu Province has achieved significant economic growth, with its GDP reaching 1.36975 trillion yuan in 2025, marking a 33.6% increase from the end of the 13th Five-Year Plan period, and maintaining an economic growth rate above the national average for 16 consecutive quarters since 2022 [3][4]. Economic Growth - Gansu's GDP growth rates from 2021 to 2025 were 7.1%, 4.6%, 6.6%, 5.8%, and 5.8% respectively, indicating a consistent upward trend during the 14th Five-Year Plan period [3]. - The province's GDP growth in 2025 was 5.8% compared to the previous year, ranking second among 28 provinces, only behind Tibet [3]. Industrial Performance - The industrial added value in Gansu increased by 9.5% in 2025, with mining, manufacturing, and electricity, heat, gas, and water production and supply sectors growing by 5.4%, 9.3%, and 17.6% respectively [4]. - Key industries such as non-ferrous metal smelting and rolling processing, electricity and heat production, and chemical manufacturing saw substantial growth, with increases of 19.5%, 18.5%, and 8.2% respectively [5]. Resource Development - Gansu has made significant discoveries in mineral resources, including a large uranium mine and multiple gold and magnesium deposits, contributing to the province's industrial growth [5]. - The total installed capacity of new energy reached 80.416 million kilowatts, a 2.4-fold increase, with a complete industrial chain established for photovoltaic, wind, and thermal energy [5]. Investment and Trade - Gansu's investment attraction has reached new heights, with an average annual growth of 26.4% in funds from signed projects, totaling 41 billion yuan for a single industrial project [6]. - The province's foreign trade exceeded 70 billion yuan for the first time, with an average annual growth of 13.2%, and trade with Belt and Road countries growing by 14.4% [6]. Future Economic Goals - The government aims for a GDP growth of around 5.5% in the coming year, with specific targets for various sectors, including an 8% increase in industrial added value and a 10% growth in foreign trade [6].
2025年中国规上工业企业利润同比增长0.6%
Zhong Guo Xin Wen Wang· 2026-01-27 06:15
Group 1 - In 2025, China's industrial enterprises above designated size achieved a total profit of 73,982.0 billion RMB, marking a year-on-year increase of 0.6%, reversing a three-year decline trend [1] - The manufacturing sector saw a profit increase of 5.0% in 2025, a significant rebound of 8.9 percentage points compared to 2024 [1] - The electricity, heat, gas, and water production and supply industry experienced a profit growth of 9.4%, while the mining industry faced a decline of 26.2% [1] Group 2 - In December 2025, profits of industrial enterprises above designated size turned from a 13.1% year-on-year decline in November to a 5.3% increase, a recovery of 18.4 percentage points [1] - The equipment manufacturing sector's profits grew by 7.7% year-on-year, contributing 2.8 percentage points to the overall profit growth of industrial enterprises [1] - The share of equipment manufacturing profits in total industrial profits reached 39.8%, an increase of 2.6 percentage points from the previous year, indicating an optimization in profit structure [1] Group 3 - High-tech manufacturing profits increased by 13.3% year-on-year in 2025, surpassing the overall industrial average by 12.7 percentage points [2] - The semiconductor industry saw remarkable profit growth, with integrated circuit manufacturing up by 172.6%, semiconductor device manufacturing by 128.0%, and electronic components and electromechanical component manufacturing by 49.1% [2] - Profits of small and medium-sized enterprises, as well as foreign and Hong Kong, Macao, and Taiwan-invested enterprises, turned positive in 2025, with year-on-year growth of 1.4% and 4.2%, respectively [2]
发展绿色生产力 零碳工厂怎么建?
Xin Hua She· 2026-01-27 05:10
"十五五"规划建议提出,"建设零碳工厂和园区"。工业和信息化部等五部门日前联合印发《关于开 展零碳工厂建设工作的指导意见》,引导工业企业试点建设零碳工厂,带动行业减碳增效和绿色低碳转 型。 "零碳工厂不是绝对的'零'二氧化碳排放。"清华大学碳中和研究院院长贺克斌介绍,零碳工厂强调 通过技术创新、结构调整和管理优化等系统减排措施,充分挖掘减排潜力,是在当前技术经济条件允许 下,实现应减尽减并持续改进提升,保持工厂二氧化碳排放最低。 当前,零碳工厂建设的内涵与价值已超越了节能减碳范畴,正逐步发展成为驱动制造业绿色转型、 提质增效的全新发展模式。 中国国际工程咨询有限公司副总经理潘小海认为,零碳工厂能够推动技术、能源、资源、资本等要 素在工厂的集约优化配置,同时建设零碳工厂,有助于打造低碳增长新引擎,加速我国产业创新链价值 链升级,增强绿色发展新动能。 不过作为一个新生事物,各方面对于零碳工厂的认识还有较大差异。在业内人士看来,特别是在零 碳工厂建设过程中,面临着评价要求不统一、关键技术有待验证、碳排放统计核算基础薄弱等问题,亟 需加强方向指引和技术指导。 指导意见包括总体要求、主要目标、建设路径、工作要求四部分, ...
有人预测:上海、深圳渐渐出现了4大“现象”,已经开始蔓延!
Sou Hu Cai Jing· 2026-01-27 04:44
提起上海、深圳,很多人的第一反应还是:机会多、工资高、人来人往的超级大城市。尤其是对于刚毕 业、想闯一闯的年轻人来说,"去上海""去深圳"一度就是"搏一把"的代名词。 但最近这几年,很多数据、很多身边人的选择,正在悄悄变。 有人说,上海、深圳正在渐渐出现4个"现象",而且已经不是局部个例,而是一种有点蔓延的趋势。当 然,这里强调的是"预测"和"苗头",不是什么铁板钉钉的结局,但确实值得每一个关心这两座城市的人 想一想。 第一个现象:不婚不育的人越来越多(但这几年也有反弹) 初婚年龄不断推迟,上海公布的初婚平均年龄接近30岁,深圳也差不多是"奔三"才成家,已经是很多人 默认的"常态"。 有意思的是,2025年的数据给了一点"反直觉"的惊喜: 上海2025年结婚登记12.51万对,比2024年涨了38.7%;深圳11.89万对,涨了28.54%,都是近几年新 高。 不婚不育,不是上海、深圳特有的问题,是全国都在面对的趋势。 数据说话:全国的结婚率,从2015年的大概9‰一路掉到2024年的4.3‰;常住人口的出生率,也从2015 年的11.99‰降到6.77‰,整体是在往下走的。 放在上海、深圳这样的城市里,这种 ...
增长0.6%!扭转连续三年下降态势
Core Insights - In 2025, the total profit of industrial enterprises above designated size in China reached 73,982 billion yuan, marking a 0.6% increase from the previous year, reversing a three-year decline trend [1][2] Group 1: Profit Growth by Sector - The manufacturing sector saw a profit increase of 5.0%, rebounding significantly by 8.9 percentage points compared to 2024 [2] - The electricity, heat, gas, and water production and supply sector experienced a profit growth of 9.4% [2] - The mining sector, however, faced a decline of 26.2% in profits [2] Group 2: Profit Improvement Among Different Business Entities - In 2025, profits for small and medium-sized enterprises, as well as foreign and Hong Kong, Macao, and Taiwan-invested enterprises, turned positive, growing by 1.4% and 4.2% respectively, compared to declines of 1.9% and 1.7% in 2024 [4] - Profits for joint-stock enterprises and state-controlled enterprises showed significant improvement, with the decline narrowing by 3.5 percentage points and 0.7 percentage points respectively compared to the previous year [4] Group 3: Contribution of New Growth Drivers - The equipment manufacturing sector contributed significantly to profit growth, with a 7.7% increase in profits, driving an overall profit increase of 2.8 percentage points for all industrial enterprises [5] - The share of equipment manufacturing profits in total industrial profits rose to 39.8%, an increase of 2.6 percentage points from the previous year [5] - High-tech manufacturing profits surged by 13.3%, outperforming the overall industrial profit growth by 12.7 percentage points, with smart electronic products leading to a 48% profit increase in the smart consumer device manufacturing sector [5] Group 4: Traditional Industries Upgrading - Traditional industries showed significant improvements, with profits in the biochemical pesticide and microbial pesticide manufacturing sectors growing by 20.7% and 15.2% respectively, exceeding the average profit growth in the chemical industry by 28 percentage points and 22.5 percentage points [6]
美耐用品数据高于预期银价高涨
Jin Tou Wang· 2026-01-27 04:06
耐用品订单涵盖使用寿命不少于三年的产品,常被视作衡量经济活跃度与企业投资意愿的重要指标。在 经历10月短暂回调后,11月订单显著反弹,为年末经济增长动能提供了有力支撑。 此外,Polymarket的数据显示,市场押注美国政府在1月底前发生新一轮停摆的概率高达78%,而上周五 这一概率还不到10%。 【最新现货白银行情解析】 美国商务部报告显示,耐用品订单增长5.3%,明显高于市场预期的3.8%,并成功扭转了前值下降2.2% 的走势。该数据创六个月来最大,得益于商用飞机及其他资本设备订单的推动。 从同比看,耐用品订单增长10.5%,创下自2022年6月以来的第三高增速,表明制造业需求正逐步摆脱 此前的疲软态势。更值得关注的是核心订单数据的持续改善:剔除运输设备后的核心订单已连续八个月 环比上升,体现企业设备投资的回暖具备持续性。 今日周二(1月27日)亚盘时段,现货白银目前交投于109.23一线上方,今日开盘于103.93美元/盎司,截至 发稿,现货白银暂报109.69美元/盎司,上涨5.57%,最高触及111.12美元/盎司,最低下探103.34美元/盎 司,目前来看,现货白银盘内短线偏向看跌走势。 白银短线 ...
江西两会亮“十四五”成绩单:数字经济规模达1.4万亿元
Zhong Guo Xin Wen Wang· 2026-01-27 03:39
江西两会亮"十四五"成绩单:数字经济规模达1.4万亿元 五年来,江西坚定不移做好"双向开放、惠通四方"大文章,主动服务和融入构建新发展格局,发展空间 得到有效拓展。"十四五"时期,江西东南西北大通道全面贯通,干支线铁路营业里程超5400公里、成为 全国首个全部设区市通时速350公里高铁的省份,高速公路通车里程突破7000公里,内河高等级航道里 程突破1000公里,"四面逢源"的区位优势更加彰显。 "十四五"时期,江西对内对外双向开放深层次推进,累计清理妨碍统一市场和公平竞争政策措施2793 件,复制推广自贸区改革试点经验267项,出口通关效率稳居中部地区第一,7家企业上榜全球国际承包 商250强、数量居全国第二,对外贸易扩大至228个国家和地区,江西的国际"朋友圈"越来越大。(完) 来源:中国新闻网 编辑:万可义 中新网南昌1月27日电 (记者 李韵涵)27日,江西省十四届人大四次会议在南昌开幕。江西省政府工作报 告显示,"十四五"时期,江西数字经济规模突破1万亿元、达1.4万亿元。 1月27日,江西省十四届人大四次会议在南昌开幕。刘力鑫 摄 江西省政府工作报告提出,五年来,江西地区生产总值突破3万亿元、达3 ...
欧洲各界关注中国经济保持韧性
Jing Ji Wang· 2026-01-27 03:22
2026年以来,欧洲主流媒体、官方研究机构和经济领域从业者对中国经济在复杂国际环境下取得的表现 给予积极评价。观点普遍认为,中国经济实现既定增长目标,外贸与产业竞争力有效支撑经济韧性,中 欧经贸关系体量大、总体保持稳定,为全球经济增长注入确定性。 近日,中国经济2025年成绩单公布:国内生产总值(GDP)首次跃上140万亿元新台阶,比上年增长 5.0%。多家欧洲主流财经媒体在报道2025年中国经济运行情况时指出,中国实现了5%的经济增长目 标,在全球经济复苏乏力的背景下,这一表现体现出较强稳定性。 英国《金融时报》表示,中国在国内需求阶段性承压的情况下,仍然完成年度增长目标,出口表现对整 体经济形成重要支撑,被视为中国经济保持稳定的重要因素之一。 希腊有关市场人士指出,在自由贸易政策下,各国的比较优势理应由市场机制自然形成和体现。就希腊 而言,虽然市场规模相对有限,但这也意味着希腊企业需要更加主动地开拓更为广阔的中国市场。希腊 产品,特别是农产品,在品质和特色方面具有明显优势,具备进一步扩大对华出口的良好基础。与此同 时,中国在物流领域的投资经验和能力,有望与比雷埃夫斯港既有项目形成互补效应,进一步提升区域 ...