The National Bureau of Statistics (NBS): Industrial Enterprises Above Designated Size Saw Continued Recovery in Profits in Q1. Yu Weining, a statistician from the Industrial Department of the NBS, interpreted the industrial enterprise profit data for January to March 2025. In Q1, the profits of industrial enterprises above designated size nationwide shifted from a 3.3% decline for the full year of last year to a 0.8% increase, with the equipment manufacturing and high-tech manufacturing sectors serving as key supports. The equipment manufacturing sector's profits rose 6.4% YoY, while the high-tech manufacturing sector's profits turned from a 5.8% decline to a 3.5% increase. Additionally, driven by the program of large-scale equipment upgrades and consumer goods trade-ins, the specialized equipment and general equipment industries saw significant profit growth. Despite the complex external environment, the effects of macro policies became evident, and the industrial economy continued to recover.