Arabic version: ارتفاع الأرباح الصناعية في الصين 14.4% في سبتمبر
According to Cnbc, China’s industrial profits rose 14.4% in September from a year earlier, their strongest pace since June. Data released by the National Bureau of Statistics showed profits at large industrial firms climbed 15.5% in the first nine months of the year, slightly below the 15.7% rise in the January-September period.
Industrial earnings had swung to double-digit growth earlier this year after a modest gain in 2025, following three straight years of declines. Beijing’s efforts to curb price wars across sectors and surging demand for artificial-intelligence-related equipment helped support earnings. Higher commodity prices linked to the war in Iran also lifted profits for miners, chipmakers and raw-material suppliers, while downstream manufacturers faced rising input costs and weak domestic demand.
National Bureau of Statistics Chief Statistician Yu Weining attributed much of the growth to electronics and advanced-technology manufacturing. Over the first nine months, profits more than tripled for electronic special materials manufacturers and rose 51.7% for semiconductor device equipment makers. Profits for optical fiber manufacturers increased more than sixfold, while cable makers’ profits more than doubled. Copper and aluminum raw-material producers recorded profit growth of nearly 45%.
The gains highlighted a divide between high-tech industries and consumer-related sectors such as clothing, autos and furniture. Oxford Economics senior economist Shena Yue said high-tech manufacturing investment and electronics capacity utilization remained resilient, but overall investment and industrial utilization were subdued. Retail sales grew 1.1% in September, while China’s economy expanded 4.5% in the third quarter from a year earlier. The CSI 300 Index entered a bear market late last week as concern grew over the breadth of business profitability, prolonged weak consumption and intense competition.
