China’s Major Industrial Firms Post 15.5% Profit Growth in First Nine Months

Profits at China’s major industrial companies rose 15.5% in the first nine months of the current year, according to official Chinese data.

Strong profit growth among electronics and high-technology companies helped lift earnings across the broader industrial sector.

The figures highlighted the contribution of these businesses to overall industrial profit growth, which exceeded 10% over the nine-month period.

The summary of the official data did not provide separate growth rates for electronics and high-technology companies or a detailed breakdown of other industrial sectors.