China National Bureau of Statistics industrial chief statistician Yu Weining
said Jan–May 2026 profits at industrial enterprises above designated size showed
strong support from electronics. Equipment-manufacturing profits rose 14.1% YoY,
contributing 5.2 percentage points to overall industrial profit growth.
Electronics profits surged 103.9% YoY in Jan–May, accounting for 43.1% of the
increase in profits at industrial enterprises above designated size, driven by a
global AI-led demand spike for high-end compute chips and storage chips.