China’s Industrial Profit Growth Accelerates in Early 2026

Beijing: China's industrial profits grew at a faster pace in the opening months of the year, official data showed on Friday. China's industrial enterprises with an annual revenue of at least 20 million yuan ($2.89 million) saw their total profits jump 15.2 percent year-on-year to 1.02 trillion yuan in the first two months of 2026, supported by the strengthening of equipment manufacturing and high-tech sectors, according to data from the National Bureau of Statistics. According to Emirates News Agency, the latest data marks a sharp acceleration from last year, when industrial profits edged up 0.6 percent for the whole of 2025. In December alone, profits increased 5.3 percent year-on-year.