BEIJING – China’s industrial profits posted accelerated growth in the first four months of 2026, fueled by effective macroeconomic policies and the strong performance of emerging growth drivers, including equipment manufacturing and high-tech industries.
According to data released by the National Bureau of Statistics (NBS), major industrial firms—those with annual main business revenue of at least 20 million yuan (approximately US$2.93 million)—saw their combined profits surge by 18.2% year on year during the January–April period. This marks an acceleration of 2.7 percentage points compared with the growth recorded in the first quarter.
In the month of April alone, profits of major industrial firms jumped 24.7% from a year earlier, the NBS figures cited by Xinhua News Agency showed.
Alongside profit growth, major industrial enterprises also reported steady revenue expansion. In the first four months, their total operating revenue rose by 5.2% year on year — a slight acceleration of 0.2 percentage points from the first-quarter level. This steady revenue growth has provided crucial support for the continued recovery in corporate financial performance.
BY: The Times Union
