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China's Industrial Profits Up 18% in January-April Period

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The total profits of China's major industrial enterprises in the first four months of 2026 went up 18% year on year to 2.436 trillion yuan, faster than the 15.5% growth in the previous month, according to Wednesday data from the National Bureau of Statistics.

Mining industry profits rose 26% to 361.8 billion yuan, while that of the manufacturing industry climbed 20% to 1.802 trillion yuan.

The utilities industry's profits slipped 1.9% year on year to 272.0 billion yuan.

In April alone, profits of major industrial enterprises rose 25% from the previous year.

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