Profits of China's large industrial enterprises rise 15.2 percent in first two months

Beijing (ANTARA) - Profits of large industrial enterprises in China increased by 15.2 percent year-on-year in the first two months of 2026, with emerging sectors such as equipment manufacturing and high-tech manufacturing serving as the main drivers of growth, according to official data on Friday (27/3). Industrial enterprises with annual main business revenue of at least 20 million yuan (1 yuan = Rp2,448) or approximately 2.9 million US dollars (1 US dollar = Rp16,903) recorded combined profits of 1.02 trillion yuan during the January-February period, stated China’s National Bureau of Statistics (NBS). From January to February, various enterprises enhanced the application of more proactive and effective macroeconomic policies. As a result, profits of large industrial enterprises experienced accelerated growth, with most industries seeing a rebound in profits, according to China’s NBS.