China Electronics Sector Profits Surge 110% in Jan-Jul 2026

Yu Weining, chief statistician of the Industrial Department of the National Bureau of Statistics, interpreted the industrial enterprise profit data for January to July 2026. During this period, the manufacturing sector continued its transition toward the mid-to-high end of the industrial chain and value chain. Profits of large-scale high-tech manufacturing enterprises increased by 50.1% year on year, contributing 9.6 percentage points to the profit growth of all large-scale industrial enterprises.

Within the electronic and communication equipment manufacturing sector, profits in fiber optic manufacturing, optical cable manufacturing, and communication system equipment manufacturing grew by 468.4%, 62.6%, and 55.0%, respectively. In the medical instruments and equipment manufacturing sector, profits in navigation, surveying and mapping, meteorological, and marine special instrument manufacturing rose by 157.8%, while dental equipment and appliance manufacturing profits increased by 74.5%.

From January to July, electronics industry profits grew by 110% year on year, contributing 9.3 percentage points to the profit growth of all large-scale industrial enterprises. Among these, the integrated circuit industry, represented by computing chips and storage chips, saw profits surge by 18.5 times, contributing over 80% of the profit growth in the entire electronics industry. Profits in computer manufacturing, computer peripheral equipment manufacturing, and industrial control computer and system manufacturing, which are related to computers and servers, increased by 3.3 times, 2.5 times, and 1.6 times, respectively. In the electronic device and component manufacturing sectors, profits in electronic special material manufacturing, semiconductor discrete device manufacturing, and electronic circuit manufacturing grew by 226.8%, 45.8%, and 37.1%, respectively.