China’s industrial profits rise 15.5% in first nine months of 2026, driven by high-tech manufacturing, AI integration
2026-10-28 15:11 环球时报网英文版
Accelerating development of next-generation information technology also lifted profits in optoelectronic component and electronic circuit manufacturing by 69.8 percent and 62.5 percent, respectively.
The momentum extended to high-tech manufacturing, where profits jumped 52 percent year-on-year, outpacing overall industrial profit growth by 36.5 percentage points. The sector accounted for 25.5 percent of total industrial profits, up 6.2 percentage points from a year earlier.
Expanding computing infrastructure and data center construction fueled particularly strong growth in related industries. Profits in optical fiber and optical cable manufacturing surged 570 percent and 110 percent, respectively.
Beyond high-tech industries, raw materials manufacturing provided another major boost. Profits in the sector climbed 44.9 percent, contributing 5.9 percentage points to overall industrial profit growth.
Strong demand for copper, aluminum and other metals from AI and new-energy industries helped lift profits in the nonferrous metals sector by 79.7 percent, according to the NBS.
Across the broader industrial sector, mining profits rose 38.2 percent and manufacturing profits increased 17 percent.
Chen Xi, a researcher at the Academy of Macroeconomic Research under the National Development and Reform Commission, said large-scale equipment upgrading, the integration of AI into manufacturing, and taxation policy support have helped companies cut costs and improve efficiency. China"s comprehensive industrial supply chains and ability to respond quickly to market demand have also helped sustain industrial profit growth, he said.
The NBS said more efforts would focus on expanding domestic demand, improving supply and accelerating the transition from traditional to new growth drivers to strengthen the economy"s internal momentum and advance high-quality industrial development.


