Economic Buzz: China Q1 industrial profits up 15.5% YoY in Q1

China?s industrial profits grew 15.5% YoY in Q1 2026, slightly faster than earlier in the year despite global uncertainties. Private firms led growth at 25.4%, while state-owned enterprises rebounded to 10.1%. Manufacturing remained the key driver, rising 19.1%, followed by mining at 16.2%, while utilities fell 3.2%. In March alone, profits increased 15.8%, the fastest pace in six months.

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