National Bureau of Statistics: From January to May, the profits of equipment manufacturing industry above designated size increased by 14.1% year-on-year, driving up the profits of all industrial enterprises above designated size by 5.2 percentage points.

Yu Weining, Chief Statistician of the Industrial Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises from January to May 2026. The support role of the electronics industry is evident. From January to May, the profit of the equipment manufacturing industry above a certain scale increased by 14.1% year-on-year, driving the overall profit growth of all industrial enterprises above a certain scale by 5.2 percentage points. From an industry perspective, the global artificial intelligence technology revolution has brought about a surge in demand for high-end computing chips and storage chips, driving the rapid growth of profits in the electronics industry. From January to May, the profit of the electronics industry increased by 103.9%, and its contribution to the growth of profits of all industrial enterprises above a certain scale reached 43.1%, making it an important support for the rapid growth of profits of industrial enterprises above a certain scale.