Economy
China's Industrial Profits Surge 17.6% in First Seven Months
China's industrial profits rose 17.6% in Jan-July 2026, driven by AI-related electronics boom, with high-tech manufacturing leading growth.
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China's industrial profits rose 17.6% in Jan-July 2026, driven by AI-related electronics boom, with high-tech manufacturing leading growth.
All 31 Chinese regions posted positive H1 GDP growth; 15 beat the national average as central and western provinces narrow the gap.
China's manufacturing PMI fell to 49.2 in July, but high-tech manufacturing PMI hit 53.3, underscoring the shift toward high-end, intelligent production.