China industry profits rise 18.7% in H1 2026

The profits of major industrial companies in China increased by 18.7% during the first half of 2026, reaching a total combined profit of 3.95 trillion yuan (approximately $583 billion). This rise follows the fact that each company’s annual revenue exceeded 20 million yuan (about $2.95 million). Data indicates that China's industrial sector continues to grow strongly throughout the year, supported by improving demand and production.

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