Briefly

China's power use up 10.4% in October

China's electricity consumption, a key barometer of economic activity, registered double-digit expansion last month, official data showed on Friday. Power use rose 10.4 percent year-on-year in October to 857.2 billion kilowatt-hours, according to the National Energy Administration. Power consumed by the overall industrial sector rose 6.4 percent year-on-year, while the tertiary sector saw a 17.1 percent increase. Residents' electricity consumption totaled 115.5 billion kilowatt-hours, up 23.9 percent year-on-year. From January to October, China's total power use climbed 5.1 percent to about 8.62 trillion kilowatt-hours.

Majority of BSE-listed firms report profits

A total of 279 firms listed on the Beijing Stock Exchange (BSE) have unveiled their earnings for the first nine months of 2025, with 230 of them reporting net profits, the latest data showed. As of Oct 30, companies that disclosed their third-quarter reports had posted average operating revenue of 520 million yuan ($73.4 million), up 6 percent year-on-year, and average net profit of about 32.99 million yuan.

Xinhua - China Daily