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Chinese industrial profits rise 18.8% over five months

Chinese industrial profits rise 18.8% over five months

Profits of major industrial companies in China increased by 18.8% in the first five months of 2026, reaching 3.14 trillion yuan, driven by rising demand for AI-related electronics and new energy materials. The equipment manufacturing sector saw a growth of 14.1%, while the electronics industry experienced a significant surge in profits of 103.9%. Additionally, the non-ferrous metals sector rose by 117.1%, amid sustained demand for copper and aluminum.

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