National Bureau of Statistics: From January to May, the profits of large-scale raw material manufacturing industries increased by 83.1% year-on-year, driving an increase of 10.2 percentage points in profits of all large-scale industrial enterprises.

The chief statistician of the Industrial Department of the National Bureau of Statistics, Yu Weining, interprets the profit data of industrial enterprises from January to May 2026. Profit in the raw material manufacturing industry is growing rapidly. From January to May, the profits of large-scale raw material manufacturing enterprises increased by 83.1% year-on-year, driving the overall profits of all large-scale industrial enterprises to increase by 10.2 percentage points. In terms of industries, driven by the increasing demand for new energy, artificial intelligence, and other emerging industries, the prices of products such as copper and aluminum remain at a high level, leading to a 117.1% increase in profits in the non-ferrous industry, driving the overall profits of all large-scale industrial enterprises to increase by 5.3 percentage points. With the rise in prices of products related to the petroleum industry chain, the petroleum processing industry turned losses into profits year-on-year, with a 71.6% increase in profits in the chemical industry.