Industries with the Biggest Increase in Profit Margin in China in 2025

1. Solar Power Generation in China

Percentage Point Increase for 2025: 0.4pp

Under the background of global energy transforming from traditional energy to renewable energy, the Government in China has been issuing industry assistance policies to promote fast development of solar power generation. The Solar Power Generation industry in China has grown significantly over the past five years. Industry revenue is expected to increase at an annualized 17.4% over the five years through 2023, to $32.0 billion. This trend includes anticipated revenue growth of 17.9% in 2023. The installed capacity of solar power generation has been increasing rapidly, with share of solar power installed capacity accounting for total power generation installed capacity... Learn More

2. Book Publishing in China

Percentage Point Increase for 2025: 0.0pp

The Book Publishing industry has recorded strong growth over the past five years. Industry revenue is expected to increase at an annualized 5.0% over the five years through 2023, to $19.8 billion. This includes anticipated growth of 4.5% in 2023. Industry profit is high at 15.2% of revenue in the current year, and has remained steady over the past five years. The industry's strong growth can primarily be attributed to the increasing popularity of ebooks, and despite rising book piracy.

Few new firms have entered the industry over the past five years, as government restrictions on foreign capital investment have limited... Learn More

3. Moped Manufacturing in China

Percentage Point Increase for 2025: 0.0pp

Revenue for the Moped Manufacturing industry is expected to grow at an annualized 13.8% over the five years to 2024, to $28.6 billion. Industry revenue has fluctuated due to fierce competition and overcapacity during the period. With the implementation of the new national standard and the epidemic situation well controlled, the sales revenue of Moped Manufacturing in China is growing. The introduction of new national standards, the improvement of consumers' consumption ability and the improvement of brand requirements will promote the rapid development of Moped Manufacturing in China. In 2024, revenue is expected to rise by 12.0%.

As raw material costs... Learn More

4. Magazine and Periodical Publishing in China

Percentage Point Increase for 2025: 0.0pp

Competition in the Magazine and Periodical publishing industry in China has intensified significantly in recent years. Increased computer usage has negatively affected demand for printed magazines and periodicals. As a result, many of the industry's advertising clients have allocated more of their advertising budget to online publications and away from print.

Industry revenue is expected to increase at an annualized 5.7% over the five years through 2024, to total $4.1 billion. This trend includes current-year growth of 4.6%. Industry profit has been stable, accounting for about 11.1% of industry revenue. Revenue generated from advertising accounts for a large share of the... Learn More

5. TV & Radio Broadcasting in China

Percentage Point Increase for 2025: -0.1pp

Revenue for the TV and Radio Broadcasting industry in China is expected to increase at an annualized 5.6% over the five years through 2024, to total $13.2 billion. This trend has been driven by the accelerating convergence of telecommunications, internet, and cable TV network operations and rapidly increasing digitization rate. In 2024, revenue is expected to increase by 5.0%. There are about 2,052 enterprises operating in the industry in 2024, employing over 202,999 workers with a total payroll of $2.8 billion. Profit margins have recovered to 12.1% of industry revenue in 2024.

The TV and Radio Broadcasting industry in China has... Learn More

6. Construction Equipment Services in China

Percentage Point Increase for 2025: -0.1pp

The Construction Equipment Services industry has developed steadily over the five years, due to increasing demand from industries such as the Building Construction industry (IBISWorld industry report 4710) and the various infrastructure construction industries (4721, 4725 and 4726). Industry revenue is expected to grow at an annualized 2.3% over the five years through 2024, to total $16.7 billion. This trend includes expected growth of 2.6% in the current year. National infrastructure projects like the Belt and Road Initiative, the Yangtze River Economic Belt and the Beijing-Tianjin-Hebei infrastructure project supported by the government have increased demand for industry services. However, market... Learn More

7. Commercial Banks in China

Percentage Point Increase for 2025: -0.3pp

Revenue for the Commercial Banks industry in China is defined as net operating income, including net interest received and net fee income. Industry revenue is expected to grow at an annualized 6.5% over the five years through 2024, to $965.4 billion. The industry comprises about 3,952 commercial bank enterprises, employing an estimated 3.5 million people, with total wages of $108.4 billion.

Commercial banks in China are divided into state-owned commercial banks, which includes China's four largest banks; joint-stock commercial banks with stock, private and foreign stock shares operating at the national level; city commercial banks operating at the city level; foreign... Learn More