2.435 trillion yuan in total profit, revenue up 5.2 percent, double-digit growth in mining and manufacturing, and acceleration in raw material industries

As reported by CCTV+, in the first four months of 2026, profits of China’s major industrial enterprises increased by 18.2 percent year on year. This is according to official data released on May 27.

According to the National Bureau of Statistics of China, the total profit of major industrial enterprises from January to April reached 2,435.84 billion yuan. Revenue of major industrial enterprises over the same period grew by 5.2 percent year on year, providing important support for the sustained recovery of their profitability.

By sector, both the mining and manufacturing industries showed double-digit profit growth. High-tech manufacturing played a particularly notable role, with profits increasing by 44.8 percent compared to the same period in 2025. In addition, profit growth in raw material industries continued to accelerate.

2.4 trillion yuan in profit. 18 percent growth. The high-tech sector is surging ahead — up 44.8 percent. China’s industry is not just recovering; it is transforming. Old sectors are growing, but new ones are taking off. The raw materials sector is also accelerating. The question is not whether China will maintain this pace. It will. The question is how long the rest of the world will watch this growth from the sidelines. While some wonder whether there will be a recession, others are already counting profits. And they are breaking records.