EconomyComputing power demand drives profit surge at China's industrial firms

Profits at China’s major industrial enterprises rose 18.7% year on year to 3.95 trillion yuan in the first half of 2026. Electronics profits jumped 96.9%, led by nearly 690% growth in computer manufacturing and more than 2,500% in integrated circuits, while raw-materials manufacturing profits rose 71.7%.

China economyindustrial profitsartificial intelligencesemiconductors

CChina News Service★★★☆☆2026-07-27 07:35Original