Profits of China’s major industrial firms up 15.7 pct in first eight months
Profits of China’s industrial firms above a designated size increased 15.7 percent year on year during the first eight months of 2026, data from the National Bureau of Statistics showed on Monday.
These industrial firms with an annual main business revenue of at least 20 million yuan (about 2.97 million U.S. dollars) saw their combined profits reach 5.27 trillion yuan in the January-August period, according to the data.
Reference Link: https://english.news.cn/20260928/5766b4425a5e4518ae83fae41402e260/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
