Key facts
- Profit at China's industrial firms increased by 18.7% in the first half of 2026 compared to the previous year.
- The growth rate in the first half of 2026 was a slight decrease from the 18.8% rise seen in the January-to-May period.
- Industrial profit figures encompass firms with annual revenues of at least 20 million yuan from their main operations.
Profit at China's industrial firms saw an 18.7% year-on-year increase in the first half of 2026, according to data released by the National Bureau of Statistics. This growth rate represents a slight moderation from the 18.8% increase observed in the January-to-May period.
The data covers industrial enterprises with annual revenues of at least 20 million yuan ($2.95 million) from their primary operations. In June 2026, corporate profits stood at 3,947,990 million yuan, a decrease from 3,143,960 million yuan in May 2026. Historically, China's corporate profits have averaged 2,246,803.55 million yuan from 1996 to 2026, reaching a peak of 8,709,210 million yuan in December 2021.