China industrial profits jump 14.4 percent in September

Profits at China's industrial firms rose 14.4 percent from a year earlier in September, rebounding sharply from 4.2 percent in August, while cumulative profits for the first nine months rose 15.5 percent to 6.03 trillion yuan, the National Bureau of Statistics reported on Tuesday

Why it matters: The rebound, the strongest monthly reading since June, argues against August's slowdown becoming a sustained earnings downturn, but the nine-month growth rate has now eased for two straight releases and the gains remain concentrated in mining and technology manufacturing rather than in sectors tied to domestic demand

Data as of National Bureau of Statistics release, published 09:30 Beijing time on Tuesday, October 27, 2026, read directly from stats.gov.cn: total profits of industrial enterprises above designated size of 6,033.74 billion yuan for January to September, up 15.5 percent, with September's monthly increase of 14.4 percent stated in the release itself. This story originally cited wire reports of the same release (CNBC, Reuters, investingLive); the figures are now taken from the bureau's own document, and the bureau's release listings are a standing direct source in the news scraper lane from today. Developing item.

Profits at China’s larger industrial firms rose 14.4 percent from a year earlier in September, the strongest monthly increase since June and a sharp rebound from August’s 4.2 percent, which had been the slowest reading since November 2025. Cumulative profits for January to September rose 15.5 percent to 6.03 trillion yuan, easing slightly from 15.7 percent in the first eight months.

The nine-month breakdown remains split: mining profits rose 38.2 percent and manufacturing 17.0 percent, while utilities fell 14.3 percent, and profits in computer and communications equipment manufacturing more than doubled, up 103.8 percent. State-owned enterprises’ profits rose 13.1 percent and private firms’ 8.7 percent over the nine months.

China industrial profits jump 14.4 percent in September

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