AI Data Insight
The latest Q3 data shows that the expenses per 100 yuan of operating revenue for industrial enterprises above designated size in China dropped to 8.35 yuan, a significant improvement from the previous value of 8.41 yuan. The results of enterprise cost reduction and efficiency enhancement are taking effect. Coupled with explosive profit growth in the electronics and computing power supply chains, this has effectively supported the growth trend of overall industrial profits, although the recovery of traditional manufacturing still awaits further expansion of domestic demand.