Economic Buzz: China industrial profits rise 15.5% YoY in January?September

China?s industrial profits rose 15.5% year-on-year to CNY 6.03 trillion in the first nine months of 2026, easing marginally from 15.7% growth in January?August. High-tech manufacturing and AI-related demand continued to support earnings, although subdued domestic consumption remained a drag on some sectors. Mining profits surged 38.2%, while manufacturing profits increased 17.0%. Among industries, computers and communications recorded a sharp 103.8% jump in profits. September industrial profits rose 14.4% year-on-year, accelerating from 4.2% in August and marking the strongest growth since June.

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