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China's industrial profit growth picks up amid two-speed economy

Business Recorder • • 1 min read

China's industrial profit growth picks up amid two-speed economy

China’s industrial companies recorded a 14.4% year-on-year increase in profits in September, up from 4.2% in August, Business Recorder reported, citing National Bureau of Statistics data. For the first nine months of 2026, profits were 15.5% higher than a year earlier, slightly below the 15.7% growth recorded through August.

The gains were uneven: profits among computer, communications and other electronics manufacturers climbed 103.8% in the first nine months, while furniture makers’ profits fell 51.3%. China’s third-quarter economy expanded 4.5%, but weak domestic consumption and pressure on exporters remained concerns; the report also said competition affected CATL’s quarterly net profit as auto sales slowed. These figures provide global business context for investors tracking industrial demand and technology manufacturing, but the source names no Pakistani listed companies.

At a glance

  • China’s industrial profits grew 14.4% year on year in September.
  • Electronics manufacturers’ profits rose 103.8%, while furniture makers’ profits declined 51.3%.
  • China’s economy grew 4.5% in the third quarter.

Originally reported by Business Recorder

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