Business · Economy · 2 hrs ago
China’s industrial profits rose 14.4% in September
China’s industrial firms increased profits by 14.4% in September compared with a year earlier, the fastest rise in three months.
For the first nine months of the year, profits were up 15.5%, according to China’s National Bureau of Statistics.
Electronics and high-tech manufacturing provided major support, with demand for AI computing and advanced technology products helping lift earnings.
Higher producer prices also contributed, as energy and related input costs rose.
The gains were uneven across industries: mining and electronics did well, while the power, heat and gas supply sector’s profits fell over the first nine months.
Weak consumer spending and fierce competition continue to weigh on companies that depend on China’s domestic market.
China’s industrial recovery remains uneven, and officials say they plan to support domestic demand and strengthen growth.
China’s industrial profits rose 14.4% year on year in September, up from 4.2% growth in August.
The increase was the fastest in three months, according to data from China’s National Bureau of Statistics.
Profits rose 15.5% in the first nine months of the year.
Higher producer prices, including a surge in energy costs, helped support the September increase.
Growth was uneven, with electronics and other high-technology industries among the stronger performers.
- Who
- Industrial companies in China, including above-scale industrial enterprises.
- What
- Their profits increased 14.4% year on year in September.
- When
- September 2026; the data were released on October 27.
- Where
- China.
- Why
- Higher producer prices and energy costs supported profit growth. The sources also cite demand in electronics and high-technology industries.
This story does not have two clearly opposing sides.
Industrial profits rose 4.2% year on year.
Industrial profits rose 14.4% year on year.
China’s National Bureau of Statistics released the profit data.
- September profit growth
- 14.4% year on year
- August profit growth
- 4.2% year on year
- First nine months’ profit growth
- 15.5% year on year
- September producer-price increase
- 5% year on year
- Electronics profit growth, first nine months
- 1.0 times year on year
4 sources
What people are saying
1—9月份，全国规模以上工业企业利润同比增长15.5%，今年以来持续保持两位数增长。