China’s Jan.–Aug. industrial profits climb 15.7% with electronics leading
Originally published by KBC Digital — Read the original article →
China’s major industrial firms saw profits grow at a double-digit pace in the first eight months of 2026, official data showed on Monday, underscoring continued momentum in the world’s second-largest economy.
Industrial enterprises above designated size – those with annual main business revenue of 20 million yuan ($2.9 million) or more – raked in a combined 5.27 trillion yuan in profits from January to August, up 15.7% year on year, the National Bureau of Statistics (NBS) said. August alone saw profits rise 4.2%.