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NBS: CN 8M26 Profits of Electronic Industry Enterprises Above Designated Scale Surge 1.1x YoY; High-tech Mfg Profits Up 54.7%
2026-09-28 09:52:37 China's industrial profits of enterprises above designated scale rose 4.2% YoY in August and increased 15.7% YoY in the first eight months. Yu Weining, Chief Statistician of the Department of Industry at the National Bureau of Statistics, said that in the next stage, efforts should be made to fully leverage the effectiveness of macro policies, expand domestic demand, optimize supply, accelerate the transition between old and new growth drivers, enhance the endogenous momentum of economic development, and promote the industrial economy toward higher-quality and innovation-driven development. The electronic industry significantly supported profit growth. The accelerated expansion of new technology applications represented by artificial intelligence boosted demand in related sectors and drove rapid profit growth in the electronic industry. In the first eight months, profits of the electronic industry surged 1.1x YoY, contributing 62% to the profit growth of all industrial enterprises above designated scale, becoming an important support for the rapid profit growth of industrial enterprises above designated scale. High-tech manufacturing played a prominent leading role. In the first eight months, profits of high-tech manufacturing enterprises above designated scale rose 54.7% YoY, with the growth rate exceeding that of all industrial enterprises above designated scale by 39 ppts. ~ AASTOCKS Financial News Website: www.aastocks.com | |