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

• 1. Bus Transportation in China

  Percentage Point Increase for 2025: 2.4pp

  Revenue for the Bus Transportation industry is expected to grow at an annualized 1.7% over the five years through 2025. This trend includes anticipated revenue rise of 1.2% in the current year, to $16.0 billion. The COVID-19 pandemic resulted in significant decreases in 2020 and 2022. The industry is expected to include 3,702 bus transportation establishments in 2025, employing approximately 922,999 people. However, industry enterprises are governed by local governments, which standardizes th...

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• 2. Paint Manufacturing in China

  Percentage Point Increase for 2025: 0.5pp

  Revenue for the Paint Manufacturing industry in China is expected to rise at a CAGR of 4.7% over the five years through 2025, due to the growing demand from downstream industries. Industry revenue has deceased for a few years due to the repeated COVID-19 epidemic and the intensified price competition. In 2025, industry revenue is set to recover and grow by 3.0% to reach $59.2 billion. The output of paint and coatings in China will also increase at a CAGR of 7.8% in the same period, to 35.9 mi...

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• 3. International Express Service in China

  Percentage Point Increase for 2025: 0.5pp

  China's International Express Service industry has experienced substantial growth in the past decade, mainly due to improving economic conditions, rising residential income levels and better infrastructure. Industry performance is also closely related to China's cross-border ecommerce market development. Industry revenue is expected to grow at an annualized 12.9% over the five years through 2024, to $21.5 billion. This includes 7.0% growth in 2024.
  The cross-border ecommerce market has d...

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• 4. IT Services in China

  Percentage Point Increase for 2025: 0.2pp

  The IT Services industry in China has performed well over the past five years, due to the application of new technologies, like cloud computing, big data, AI and the Internet of Things. The growth in IT investment and of China's information sector has boosted industry demand. Industry revenue is expected to grow at an annualized 8.2% over the five years through 2025, to total $448.2 billion. This trend includes anticipated growth of 3.0% in the current year.
  Industry revenue increased sl...

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• 5. Cooking Oil Production in China

  Percentage Point Increase for 2025: 0.2pp

  The Cooking Oil Production industry in China has grown its revenue rapidly over the past five years, mainly due to increased industry capacity and high domestic demand. As the country has changed its economic focus from exports to domestic demand and increased living standards, cooking oil consumption in China is expected to maintain a strong growth trend over the period. Industry revenue is expected to total $361.2 billion in 2025, up 2.8% for the year. Over the five years through 2025, reve...

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• 6. Securities Brokerage and Transaction Services in China

  Percentage Point Increase for 2025: 0.2pp

  Over the five years through 2025, revenue for the Securities Brokerage and Transaction Services industry in China has been increasing at an annualized 5.5%. This includes expected industry revenue increase of 7.1% in the current year. Due to uncertainty brought about by the COVID-19, the international political geopolitical crisis and the fluctuation of the international financial market, the industry experienced significant fluctuations over the past five years. The competition in the indust...

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• 7. Solar Power Generation in China

  Percentage Point Increase for 2025: 0.2pp

  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 16.7% over the five years through 2025, to $42.2 billion. This trend includes anticipated revenue growth of 16.8% in 2025. ...

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• 8. Clock and Watch Manufacturing in China

  Percentage Point Increase for 2025: 0.1pp

  With the rapid growth of the Chinese economy and technological progress, the industry has begun to transform and upgrade, gradually developing from OEM to independent R&D of products.
  Revenue for the Clock and Watch Manufacturing industry in China is expected to decrease an annualized 5.8% over the five years through 2024, to $5,267.7 million. Mobile phones and smart wearable devices can replace some functions of traditional watch, which are suppressing industry demand. The popularit...

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• 9. Railway Equipment Manufacturing in China

  Percentage Point Increase for 2025: 0.1pp

  China's railway transport system is owned and operated by the Government. As a result, government investment in rail transportation is crucial for the Railway Equipment Manufacturing industry's long-term development. China State Railway Group Co., Ltd. (China Railway) is the main purchaser of industry products, which are largely supplied by state-owned operator, CRRC. The dominance of the company makes the industry a virtual monopoly, with over 95% of total industry revenue.
  A recovery i...

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• 10. Household Electrical Appliance Manufacturing in China

  Percentage Point Increase for 2025: 0.1pp

  In 2025, revenue for the Household Electrical Appliance Manufacturing industry in China is expected to total $57.3 billion, up by 4.1% from 2024. Industry revenue is expected to increase at a CAGR of 1.7% over the five years through 2025. Affected by COVID-19 and the slowdown of the real estate industry, the development of house electrical appliances industry slowed down its growth, especially in 2020 and 2022, with industry revenue decreasing by 5.8% and 5.0%, respectively. In 2024, the effe...

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