China’s industrial profits rose 18.7% yoy to CNY 3.95 trillion in the first half of 2026, easing marginally from an 18.8% growth in the January-May period. Resilient exports helped cushion the impact of sluggish domestic demand, highlighting the economy's uneven recovery despite efforts to boost consumption. Profits at state-owned enterprises increased 17.9% to CNY 1.30 trillion, while joint-stock companies posted a stronger 24.7% gain to CNY 3.04 trillion. Meanwhile, private firms posted a 13.0% rise in profits to CNY 965.56 billion. By sector, mining remained the main driver, with profits surging 33.5%, followed by manufacturing ( 20.1%). In contrast, utilities posted a 4.2% decline. Among industries, the strongest gains were recorded in non-ferrous metal smelting and rolling (99.4%), computer, communication and other electronic equipment manufacturing (96.9%), and chemicals (67.8%). In June alone, industrial profits climbed 15.1% from a year earlier, slowing from May's 21.1% surge. source: National Bureau of Statistics of China

Corporate Profits in China increased to 3947990 CNY Million in June from 3143960 CNY Million in May of 2026. Corporate Profits in China averaged 2259621.64 CNY Million from 1996 until 2026, reaching an all time high of 8709210.00 CNY Million in December of 2021 and a record low of 1617.00 CNY Million in February of 1998. This page provides - China Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Industrial Profits - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Corporate Profits in China increased to 3947990 CNY Million in June from 3143960 CNY Million in May of 2026. Corporate Profits in China is expected to be 5700000.00 CNY Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Total Industrial Profits is projected to trend around 8100000.00 CNY Million in 2027 and 8190000.00 CNY Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-27 01:30 AM
Industrial Profits (YTD) YoY
May 18.8% 18.2% 20.0%
2026-07-27 01:30 AM
Industrial Profits (YTD) YoY
Jun 18.7% 18.8% 19.2%
2026-08-27 01:30 AM
Industrial Profits (YTD) YoY
Jul 18.7%


Related Last Previous Unit Reference
NBS Manufacturing PMI 49.20 50.30 points Jul 2026
Industrial Capacity Utilization 73.00 73.60 percent Jun 2026
Cement Production 14423.00 14991.00 Ten Thousands of Tonnes Jun 2026
Changes in Inventories 15366.10 11183.40 CNY Hundred Million Dec 2025
Industrial Profits (YTD) YoY 3947990.00 3143960.00 CNY Million Jun 2026
Electricity Production 827600.00 784250.00 Gigawatt-hour Jun 2026
Industrial Production YoY 5.30 4.50 percent Jun 2026
Industrial Production Mom 0.76 0.40 percent Jun 2026
Leading Economic Index 148.80 148.80 points Jun 2026
Manufacturing Production YoY 6.00 4.40 percent Jun 2026
Mining Production -2.20 2.30 percent Jun 2026
New Orders 51.20 49.90 points Jun 2026


China Total Industrial Profits
In China, corporate profits refer to total profits of all state-owned industrial enterprises and non-state-owned industrial enterprises with the annual sales revenue above 5 million yuan.
Actual Previous Highest Lowest Dates Unit Frequency
3947990.00 3143960.00 8709210.00 1617.00 1996 - 2026 CNY Million Monthly
Current prices, NSA, CMVL

News Stream
China Industrial Profits Rise 18.7% in Jan-June
China’s industrial profits rose 18.7% yoy to CNY 3.95 trillion in the first half of 2026, easing marginally from an 18.8% growth in the January-May period. Resilient exports helped cushion the impact of sluggish domestic demand, highlighting the economy's uneven recovery despite efforts to boost consumption. Profits at state-owned enterprises increased 17.9% to CNY 1.30 trillion, while joint-stock companies posted a stronger 24.7% gain to CNY 3.04 trillion. Meanwhile, private firms posted a 13.0% rise in profits to CNY 965.56 billion. By sector, mining remained the main driver, with profits surging 33.5%, followed by manufacturing ( 20.1%). In contrast, utilities posted a 4.2% decline. Among industries, the strongest gains were recorded in non-ferrous metal smelting and rolling (99.4%), computer, communication and other electronic equipment manufacturing (96.9%), and chemicals (67.8%). In June alone, industrial profits climbed 15.1% from a year earlier, slowing from May's 21.1% surge.
2026-07-27
China Industrial Profits Jump 18.8% in Jan-May
China’s industrial profits surged 18.8% year-on-year to CNY 3.14 trillion in the January-May 2026 period, accelerating from a 18.2% gain in the first four months of the year. The latest result reflected the ongoing AI investment boom and continued policy support for advanced industries despite lingering weakness in parts of the property-related sector. State-owned enterprises posted solid gains, with profits up 19.6% to CNY 1.05 trillion, while joint-stock companies climbed 24.1% to CNY 2.43 trillion. In addition, private firms saw profit growth of 10.7% to CNY 772.65 billion. By sector, manufacturing remained the key driver, soaring 74.3%, followed by utilities (63.7%) and mining (54.4%). Industry highlights included non-ferrous metal smelting and rolling (117.1%), computer and communication equipment (103.9%), and chemicals (71.6%). In May alone, industrial profits rose 21.1% from the prior year, moderating from April’s 24.7% jump, the strongest pace since November 2023.
2026-06-27
China Industrial Profits Jump 18.2% In Jan-Apr
China’s industrial profits jumped 18.2% year-on-year in the January-April 2026 period, following a 15.5% rise in the first quarter. The strong rise was attributed to rising AI-related demand and surging oil prices stemming from the Middle East conflict. State-owned enterprises posted solid growth, with profits rising 17.1% to CNY 827.15 billion. Joint-stock companies also reported a 24.0% jump in profits to CNY 1,883.44 billion. Private firms remained a key driver, though profit growth eased to 23.7% from 25.4% in Q1, reaching CNY 651.14 billion. By sector, manufacturing continued to lead gains, with profits climbing 20.4%, followed by mining at 26.0%, while utilities profits fell 1.9%. Among industries, notable increases were seen in computer, communication, and other electronic equipment manufacturing (107.7%) and non-ferrous metal smelting and rolling processing (117.8%). In April, industrial profits surged 24.7%, the biggest gain since November 2023, after a 15.8% growth in March.
2026-05-27