Profits of major industrial enterprises in China's high-tech zones exceed 10 trln yuan in first 4 months of 2025

Profits of major industrial enterprises in China's high-tech zones exceeded 10 trillion yuan in the first four months of this year, according to data from the Chinese Ministry of Industry and Information Technology (MIIT) published on Wednesday.

Profits reported by industrial enterprises above the designated size (with an annual main business revenue of at least 20 million yuan) stood at 10.26 trillion yuan from January to April, up 7.3 percent year-on-year.

The growth was down to the innovation-driven development and industrial agglomeration effect, according to the MIIT.

China has built 178 national high-tech zones, which gather 70 percent of the national manufacturing innovation centers and 80 percent of the national key laboratories and own about half of the invention patents in the country.

The new generation information technology industry in the Zhongguancun hi-tech zone in Beijing has already become a trillion-yuan level industrial cluster, and the revenue of optoelectronic information companies in the Wuhan East Lake High-tech Development Zone accounts for 50 percent of the country's total.

National high-tech zones are developing cutting-edge technology such as quantum information, humanoid robots and the next-generation Internet.

In the next stage, the national high-tech zones will improve innovation, promote high-level innovation platforms, strengthen original and disruptive scientific and technological innovation and pursue breakthroughs in key core technologies to continue playing a critical role in stabilizing growth and promoting transformation, according to the MIIT.

Profits of major industrial enterprises in China's high-tech zones exceed 10 trln yuan in first 4 months of 2025

Demonstrators rallied across U.S. cities over the weekend to denounce the military action in Venezuela that resulted in the capture of President Nicolas Maduro and his wife, who were flown out of the country.

The Venezuelan government said the military strikes targeted civilian and military sites in at least four states, including Caracas, as well as the states of Miranda, Aragua and La Guaira, adding that the U.S. action blatantly violated the UN Charter.

The U.S. military intervention has since drawn widespread criticism, sparking protests at home.

Protesters gathered outside the Metropolitan Detention Center in Brooklyn on Sunday, where Maduro is being held, calling the U.S. government actions outrageous and a violation of international law.

Others gathered in the Times Square on Saturday following the capture of the Venezuelan president and his wife, saying the actions are not only illegal but also showed no respect.

"I mean, you don't just step in and take over another country. We have absolutely no right to do that. We have so much trouble in our country right here," said a protester named Sartre.

"It just defies not only human respectability in life but common sense," said another protester.

Additionally, hundreds of protesters gathered outside the White House, holding banners with slogans reading "Hands off Venezuela" and "Stop bombing Venezuela now."

Demonstrators rally in US cities over military action in Venezuela