China Industrial Profits Rise 18.7% in Jan-June

AI Summary

China’s industrial profits increased by 18.7% year-on-year to CNY 3.95 trillion in the first half of 2026, supported by resilient exports despite domestic demand challenges. State-owned enterprises saw profits rise by 17.9%.

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 ...