China’s industrial profits rose 15.7% year-on-year to CNY 5.27 trillion in the first eight months of 2026, slowing from a 17.6% gain in the January-July period. The latest result reflected continued strength in high-tech and AI-related manufacturing, although subdued domestic demand weighed on profitability in some industries. Profits at state-owned enterprises increased 10.3% to CNY 1.67 trillion, while those at joint-stock companies rose 20.4% to CNY 4.07 trillion. Private firms posted a 10.4% gain to CNY 1.32 trillion. By sector, mining remained the main driver, with profits surging 35.1%, followed by manufacturing (17.4%), while utilities fell 12.0%. By industry, the strongest gains were seen in computers and communications (110%), non-ferrous metal smelting and rolling (82.9%), coal mining (51.6%), and chemicals (51.0%). In August alone, industrial profits grew 4.2% from the prior year, sharply easing from an 11.2% rise in July and marking the softest pace since November 2025. 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 2276830.66 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 October 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
2026-08-27 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 15.7% 17.6% 18.0%
2026-10-27 01:30 AM
Industrial Profits (YTD) YoY
Sep 15.7%


Related Last Previous Unit Reference
NBS Manufacturing PMI 50.10 49.80 points Sep 2026
Industrial Capacity Utilization 73.00 73.60 percent Jun 2026
Cement Production 12908.00 12671.00 Ten Thousands of Tonnes Aug 2026
Changes in Inventories 15366.10 11183.40 CNY Hundred Million Dec 2025
Industrial Profits (YTD) YoY 5271980.00 4582060.00 CNY Million Aug 2026
Electricity Production 943800.00 943900.00 Gigawatt-hour Aug 2026
Industrial Production YoY 5.20 4.50 percent Aug 2026
Industrial Production Mom 0.54 0.11 percent Aug 2026
Leading Economic Index 148.20 148.30 points Aug 2026
Manufacturing Production YoY 6.10 5.50 percent Aug 2026
Mining Production -1.40 -4.20 percent Aug 2026
New Orders 50.50 50.60 points Sep 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
5271980.00 4582060.00 8709210.00 1617.00 1996 - 2026 CNY Million Monthly
Current prices, NSA, CMVL

News Stream
China Industrial Profits Rise 15.7% YoY in Jan-August
China’s industrial profits rose 15.7% year-on-year to CNY 5.27 trillion in the first eight months of 2026, slowing from a 17.6% gain in the January-July period. The latest result reflected continued strength in high-tech and AI-related manufacturing, although subdued domestic demand weighed on profitability in some industries. Profits at state-owned enterprises increased 10.3% to CNY 1.67 trillion, while those at joint-stock companies rose 20.4% to CNY 4.07 trillion. Private firms posted a 10.4% gain to CNY 1.32 trillion. By sector, mining remained the main driver, with profits surging 35.1%, followed by manufacturing (17.4%), while utilities fell 12.0%. By industry, the strongest gains were seen in computers and communications (110%), non-ferrous metal smelting and rolling (82.9%), coal mining (51.6%), and chemicals (51.0%). In August alone, industrial profits grew 4.2% from the prior year, sharply easing from an 11.2% rise in July and marking the softest pace since November 2025.
2026-09-28
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