China’s industrial profits rose 15.5% year-on-year to CNY 6.03 trillion in the first nine months of 2026, easing slightly from a 15.7% increase in the January-August period. Growth remained supported by high-tech and AI-related manufacturing and electronic equipment, although subdued domestic demand continued to weigh on some industries. Profits at state-owned enterprises increased 13.1% to CNY 1.94 trillion, while joint-stock companies posted a 20.8% gain to CNY 4.67 trillion. Private firms’ profits rose 8.7% to CNY 1.51 trillion. By sector, mining remained the main driver, with profits surging 38.2%, followed by manufacturing (17.0%), while utilities fell 14.3%. Among industries, the strongest gains were seen in computers and communications (103.8%), non-ferrous metal smelting and rolling (79.7%), coal mining (57.0%), and chemicals (49.2%). In September alone, industrial profits grew 14.4% yoy, accelerating sharply from 4.2% in August and marking the strongest rise since June. source: National Bureau of Statistics of China

Corporate Profits in China increased to 6033740 CNY Million in September from 5271980 CNY Million in August of 2026. Corporate Profits in China averaged 2288910.76 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 November of 2026.

Corporate Profits in China increased to 6033740 CNY Million in September from 5271980 CNY Million in August of 2026. Corporate Profits in China is expected to be 7700000.00 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
2026-09-28 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 15.5% 15.7% 15.2%
2026-11-27 01:30 AM
Industrial Profits (YTD) YoY
Oct 15.5%


Related Last Previous Unit Reference
NBS Manufacturing PMI 49.30 50.10 points Oct 2026
Industrial Capacity Utilization 73.10 73.00 percent Sep 2026
Cement Production 14401.00 12908.00 Ten Thousands of Tonnes Sep 2026
Changes in Inventories 15366.10 11183.40 CNY Hundred Million Dec 2025
Industrial Profits (YTD) YoY 6033740.00 5271980.00 CNY Million Sep 2026
Electricity Production 829400.00 943800.00 Gigawatt-hour Sep 2026
Industrial Production YoY 5.50 5.20 percent Sep 2026
Industrial Production Mom 0.61 0.54 percent Sep 2026
Leading Economic Index 147.70 148.20 points Sep 2026
Manufacturing Production YoY 6.00 6.10 percent Sep 2026
Mining Production 1.30 -1.40 percent Sep 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
6033740.00 5271980.00 8709210.00 1617.00 1996 - 2026 CNY Million Monthly
Current prices, NSA, CMVL

News Stream
China Industrial Profits Grow 15.5% YoY in Jan-Sept
China’s industrial profits rose 15.5% year-on-year to CNY 6.03 trillion in the first nine months of 2026, easing slightly from a 15.7% increase in the January-August period. Growth remained supported by high-tech and AI-related manufacturing and electronic equipment, although subdued domestic demand continued to weigh on some industries. Profits at state-owned enterprises increased 13.1% to CNY 1.94 trillion, while joint-stock companies posted a 20.8% gain to CNY 4.67 trillion. Private firms’ profits rose 8.7% to CNY 1.51 trillion. By sector, mining remained the main driver, with profits surging 38.2%, followed by manufacturing (17.0%), while utilities fell 14.3%. Among industries, the strongest gains were seen in computers and communications (103.8%), non-ferrous metal smelting and rolling (79.7%), coal mining (57.0%), and chemicals (49.2%). In September alone, industrial profits grew 14.4% yoy, accelerating sharply from 4.2% in August and marking the strongest rise since June.
2026-10-27
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