Profits of major Chinese industrial companies increase by 15.5% until September

Profits of major Chinese industrial companies rose by 15.5% in the first nine months of 2026, reaching approximately 6.03 trillion yuan. This growth slightly decreased from the previous period's rate. The electronics sector significantly contributed to this increase, with profits doubling due to industrial modernization and AI expansion. Despite a slowdown in profit growth, the trend indicates a second consecutive year of positive results after three years of declines. In September alone, profits grew by 14.4%, surpassing August's 4.2%.