Profits of China's major industrial firms up 15.7 pct in first eight months

BEIJING, Sept. 28 (Xinhua) -- Profits of China's industrial firms above designated size increased 15.7 percent year on year during the first eight months of 2026, data from the National Bureau of Statistics showed on Monday.

Workers work at a workshop of Harbin Electric Machinery Co., Ltd. in Harbin, northeast China's Heilongjiang Province, on April 21, 2026. (Photo: Xinhua)

These industrial firms with an annual main business revenue of at least 20 million yuan (about 2.97 million U.S. dollars) saw their combined profits reach 5.27 trillion yuan in the January-August period, according to the data.