High-tech profits skyrocket 44.8%, make up 7.8 pct points of bottom line
Booming electronics and metals sectors outpace weaker downstream manufacturers
China's industrial firms report faster profit growth amid policy support-
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China.Vcg | Visual China Group | Getty ImagesBEIJING — China's industrial profits in April…
Chinese firms reported stronger profit growth at start of the second quarter, supported by rising energy prices and resilient overseas demand for tech products | World News
China's industrial firms reported higher profits at the start of the second quarter, despite a broader growth slowdown.
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,…
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China.Vcg | Visual China Group | Getty…
China's industrial profits surged 24.7% in April, the fastest growth in over two years, driven by rising AI-related demand and higher oil prices linked to the Iran war.