China industrial profits post sharp jump in March

27th Apr 2026 08:55

(Sharecast News) - China's industrial firms reported a sharp jump in industrial profits during March, recording their fastest growth in six months, despite geopolitical turmoil.

Industrial profits jumped 15.8% year on year, according to official data published by the National Bureau of Statistics, accelerating from the 15.2% recorded in the first two months of 2026.

NBS chief statistician Yu Weining cited surging profits in the equipment and high-tech manufacturing sectors, which reported profit increases of 21% and 47.4% in the first quarter, respectively.

Reporting by Frank Prenesti for Sharecast.com