CCTV news: Yu Weining, chief statistician of the Industrial Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises from January to August 2026.

1-In August, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, all regions and departments conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, focused on leveraging the effectiveness of macro policies, and continued to promote high-quality development. New driving forces represented by high-tech manufacturing accumulated and grew, driving the profits of industrial enterprises above designated size to maintain rapid growth.

Profits of industrial enterprises maintained rapid growth.1-August, driven by the steady progress of industrial production and the expansion of industrial product price increases, the operating income of industrial enterprises above designated size increased by 6.6% year-on-year, driving the profits of industrial enterprises above designated size to increase by 15.7% year-on-year. The cumulative growth rate this year has maintained double-digit growth.Looking at the three major categories, the profits of the mining industry increased by 35.1%, the profits of the manufacturing industry increased by 17.4%, and the profits of the electricity, heat, gas and water production and supply industry decreased by 12.0%.In August, affected by the higher base in the same period last year, the profit growth rate of industrial enterprises above designated size fell back, with a year-on-year increase of 4.2%. From the perspective of gross profit calculated from operating income minus operating costs, the gross profit of industrial enterprises above designated size increased by 7.5%, 1.9 percentage points faster than the previous month.

The electronics industry has significantly contributed to profit growth.The application of new technologies represented by artificial intelligence has accelerated its expansion, driving the expansion of demand in related fields and promoting the rapid growth of profits in the electronics industry. From January to August, the profits of the electronics industry increased 1.1 times year-on-year, contributing 62.0% to the profit growth of all industrial enterprises above designated size. It is an important support for the rapid growth of profits of industrial enterprises above designated size.Among them, emerging scenarios such as new energy vehicles, the Internet of Things, and computing power centers have driven increased demand for chips. The profits of the related optoelectronic device manufacturing and semiconductor discrete device manufacturing industries have increased by 72.0% and 51.8% respectively. The rapid development of electronic basic raw materials has driven the profits of electronic special materials manufacturing and electronic circuit manufacturing industries to increase by 2.3 times and 49.1% respectively.

The leading role of high-tech manufacturing industry is outstanding.1-In August, the profits of high-tech manufacturing industries above designated size increased by 54.7% year-on-year, and the growth rate was 39.0 percentage points higher than that of all industries above designated size.From an industry perspective, driven by the accelerated construction of computing infrastructure, profits in the optical fiber manufacturing and optical cable manufacturing industries increased by 5.3 times and 1.0 times respectively; in the fields of high-performance servers, workstations, and optoelectronic communications, computer machine manufacturing, computer peripheral equipment manufacturing, industrial control computer and system manufacturing, and communications systemsThe profits of the system equipment manufacturing industry increased by 3.9 times, 2.6 times, 1.3 times, and 48.7% respectively; the instrumentation and new medical equipment manufacturing industries accelerated development, and the profits of the navigation, surveying, mapping, meteorological and marine special instrument manufacturing, and dental equipment and appliance manufacturing industries increased by 2.2 times and 70.2% respectively.

The raw material manufacturing industry has achieved rapid growth.1-August, the profits of the raw material manufacturing industry above designated size increased by 47.3% year-on-year, driving the profit growth of all industrial enterprises above designated size by 6.2 percentage points.From an industry perspective, international crude oil and non-ferrous metal prices have risen, driving improvements in the efficiency of related industries.The profits of the chemical industry increased by 51.0%; the profits of the non-ferrous industry increased by 82.9%; the petroleum processing industry turned losses into profits year-on-year, achieving a total profit of 56.29 billion yuan.

The unit costs of industrial enterprises continue to decline.1-August, the cost per 100 yuan of operating income of industrial enterprises above designated size was 85.07 yuan, a year-on-year decrease of 0.41 yuan. The cumulative unit cost of industrial enterprises has continued to decline year-on-year this year.1-August, the operating income profit margin of industrial enterprises above designated size was 5.66%, a year-on-year increase of 0.44 percentage points.

In the next stage, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, we must give full play to the effectiveness of macro policies, expand domestic demand, optimize supply, accelerate the conversion of old and new driving forces, enhance the endogenous driving force of economic development, and promote the continuous development of the industrial economy in a new and optimal direction.