China’s industrial profits rose 17.6% year-on-year to CNY 4.58 trillion in the first seven months of 2026, slowing from an 18.7% surge in the January-June period. Still, the latest result remained robust, underscoring the resilience of industrial activity despite broader economic challenges. Profits at state-owned enterprises increased 16.3% to CNY 1.49 trillion, while joint-stock companies posted a stronger 23.6% gain to CNY 3.55 trillion. Meanwhile, private firms posted a 10.9% rise in profits to CNY 1.14 trillion. By sector, mining remained the main driver, with profits surging 34.9%, followed by manufacturing ( 18.8%). In contrast, utilities posted a 5.8% drop. By industry, the strongest gains were recorded in computer, communication and other electronic equipment (110%), non-ferrous metal smelting and rolling (91.8%), and chemicals (56.6%). In July alone, industrial profits grew 11.2% from a year earlier, slowing from June's 15.1% jump and signaling the slowest pace this year. source: National Bureau of Statistics of China

Corporate Profits in China increased to 4582060 CNY Million in July from 3947990 CNY Million in June of 2026. Corporate Profits in China averaged 2267137.62 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 September of 2026.

Corporate Profits in China increased to 4582060 CNY Million in July from 3947990 CNY Million in June 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
2026-07-27 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 17.6% 18.7% 16.0%
2026-09-28 01:30 AM
Industrial Profits (YTD) YoY
Aug 17.6% 18.0%


Related Last Previous Unit Reference
NBS Manufacturing PMI 49.80 49.20 points Aug 2026
Industrial Capacity Utilization 73.00 73.60 percent Jun 2026
Cement Production 12671.00 14423.00 Ten Thousands of Tonnes Jul 2026
Changes in Inventories 15366.10 11183.40 CNY Hundred Million Dec 2025
Industrial Profits (YTD) YoY 4582060.00 3947990.00 CNY Million Jul 2026
Electricity Production 943900.00 827600.00 Gigawatt-hour Jul 2026
Industrial Production YoY 4.50 5.30 percent Jul 2026
Industrial Production Mom 0.11 0.76 percent Jul 2026
Leading Economic Index 148.30 148.80 points Jul 2026
Manufacturing Production YoY 5.50 6.00 percent Jul 2026
Mining Production -4.20 -2.20 percent Jul 2026
New Orders 50.60 48.50 points Aug 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
4582060.00 3947990.00 8709210.00 1617.00 1996 - 2026 CNY Million Monthly
Current prices, NSA, CMVL

News Stream
China Industrial Profits Rise 17.6% YoY in Jan-July
China’s industrial profits rose 17.6% year-on-year to CNY 4.58 trillion in the first seven months of 2026, slowing from an 18.7% surge in the January-June period. Still, the latest result remained robust, underscoring the resilience of industrial activity despite broader economic challenges. Profits at state-owned enterprises increased 16.3% to CNY 1.49 trillion, while joint-stock companies posted a stronger 23.6% gain to CNY 3.55 trillion. Meanwhile, private firms posted a 10.9% rise in profits to CNY 1.14 trillion. By sector, mining remained the main driver, with profits surging 34.9%, followed by manufacturing ( 18.8%). In contrast, utilities posted a 5.8% drop. By industry, the strongest gains were recorded in computer, communication and other electronic equipment (110%), non-ferrous metal smelting and rolling (91.8%), and chemicals (56.6%). In July alone, industrial profits grew 11.2% from a year earlier, slowing from June's 15.1% jump and signaling the slowest pace this year.
2026-08-27
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