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flag China's industrial firms report declining profits, but manufacturing and high-tech sectors show gains.

flag China's industrial firms saw their profits decline by 1.7% year-on-year in the first seven months of 2025, with a smaller 1.5% drop in July. flag Despite overall declines, manufacturing profits increased by 6.8% in July, and high-tech manufacturers reported a significant 18.9% profit rise. flag State-owned firms faced a 7.5% profit drop, while private and foreign companies saw gains. flag Deflationary pressures and subdued demand continue to challenge the sector.

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