ECONOMY

China Industrial Profits Jump Early 2026 as Costs Fall

Published: Mar. 27, 2026 4:28 p.m. GMT+8

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China’s industrial profits rose sharply in the first two months of 2026, helped by stronger manufacturing and easing cost pressure.

Profits at major industrial firms increased 15.2% year on year in the January-to-February period, according to data released Friday by the National Bureau of Statistics (NBS).

China’s Industrial Profits Surge

Revenue also grew faster than in 2025, as factory output picked up and producer prices recovered, Yu Weining, a statistician with the NBS's industrial department, wrote in an analysis of the data.

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China’s industrial profits rose 15.2% year-on-year in Jan-Feb 2026, supported by manufacturing strength and lower costs.
Manufacturing profits increased 18.9%, with high-tech and raw materials sectors rising 148.2% and 35.9%, but auto manufacturing profits fell 30.2%.
Profit growth was seen in 60% of major sectors and private firms, but payment delays and outstanding receivables worsened.

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