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

Chinese industrial companies saw a 15.5% profit increase in the first nine months of 2026, reaching approximately €810 billion. This growth, while slightly lower than the previous period, exceeded analyst expectations. The electronics sector significantly contributed to this rise, with profits doubling due to industrial modernization and AI expansion. Despite a recent slowdown, the trend indicates a second consecutive year of positive results after three years of declines. In September alone, profits rose by 14.4%, a notable increase from August's 4.2%.