China's industrial profits jumped 24.7% in April 2026, driven by booming AI semiconductor demand and rising oil prices, extending a strong Q1 growth trend.

BEIJING -- Profits of China's major industrial firms increased 18.2 percent year-on-year during the January-April period, surpassing a rise of 15.5 percent in the first quarter,…

Booming electronics and metals sectors outpace weaker downstream manufacturers