China industrial profits rise 15.7% in Jan-Aug, mining sector up 35.1%

China's industrial enterprises above designated size posted total profits of 5.27 trillion yuan ($740 billion) in the first eight months of 2026, up 15.7% year on year on a comparable basis, according to data released by the National Bureau of Statistics. Mining sector profits rose 35.1% year on year to 766.15 billion yuan, while manufacturing profits grew 17.4% to 3.97 trillion yuan. Profits in the electricity, heat, gas and water production and supply sector fell 12.0% year on year to 536.3 billion yuan.

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