{"id":4473,"date":"2026-05-27T03:21:03","date_gmt":"2026-05-27T03:21:03","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/china-industrial-profits-jump-24-7-in-april-fastest-gain-in-over-two-years-despite-headwinds\/"},"modified":"2026-05-27T03:21:03","modified_gmt":"2026-05-27T03:21:03","slug":"china-industrial-profits-jump-24-7-in-april-fastest-gain-in-over-two-years-despite-headwinds","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/china-industrial-profits-jump-24-7-in-april-fastest-gain-in-over-two-years-despite-headwinds\/","title":{"rendered":"China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds"},"content":{"rendered":"
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Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China.<\/p>\n

Vcg | Visual China Group | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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BEIJING \u2014 China’s industrial profits surged by 24.7% in April from a year earlier, according to official data released Wednesday, despite broader signs of slowing economic momentum.<\/p>\n

The increase marked the fastest growth since November 2023, according to financial data provider Wind Information, and accelerated from a 15.8% rise in March.<\/p>\n

For the first four months of the year, industrial profits rose 18.2%, up from 15.5% growth in the first quarter. Computing and electronics equipment manufacturing, the largest sector by profit amount, saw earnings more than double from a year ago, although the pace slowed slightly in April from March on a year-to-date basis.<\/p>\n

Among the ten largest sectors by profit, the\u00a0oil and gas extraction industry posted an 8.1% rise in profits in the first four months of the year, reversing a 1.4% decline in the first quarter. <\/p>\n<\/div>\n

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Higher crude prices helped lift profits in the petroleum processing industry to 40.42 billion yuan ($5.96 billion) in the January-April period, nearly double the 22.94 billion yuan recorded as of March.<\/p>\n

Profits for automobile manufacturers fell 16.8% in the same period from a year earlier, improving from a 17.7% decline in the first quarter.<\/p>\n

Beijing’s efforts to address excessive competition in the automobile and other sectors are starting to bear fruit, EU Chamber of Commerce of China President Jens Eskelund told reporters on Tuesday, citing a survey of members earlier in the year. But he cautioned it would take another year or two to confirm the trend.<\/p>\n

A fivefold increase in profits in the mining and related sectors also boosted overall industrial profit growth, while iron smelting and rolling swung to a profit for the year as of April, compared with a loss in the first quarter.<\/p>\n

However, profit declines in furniture manufacturing steepened to 54.4% for the first four months of the year, worse than the 44.9% recorded as of March.<\/p>\n<\/div>\n

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“China’s industrial profit growth accelerated sharply in April, driven primarily by rising producer prices amid the global energy shock,” Hao Zhou, head of research and chief economist at Guotai Junan International.<\/p>\n

“However, the improvement in profitability appears uneven and potentially fragile. Profit gains are concentrated in upstream and high-tech sectors, while many other industries continue to struggle,” he said in a note.<\/p>\n

China reported slower economic growth in April, with a 4.1% increase in industrial output and a 0.2% rise in retail sales from a year ago. Fixed asset investment fell for the first four months of the year as the real estate drag steepened.<\/p>\n

Exports remained strong, climbing 14.1% in April from a year ago in U.S. dollar terms. Imports surged by 25.3%, data released earlier in May showed.<\/p>\n

The producer price index in April jumped 2.8% from a year ago, the most since July 2022.<\/p>\n<\/div>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING \u2014 China’s industrial profits surged by 24.7% in April from a year earlier, according to official data released Wednesday, despite broader signs of […]<\/p>\n","protected":false},"author":1,"featured_media":4474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1561,394,3329,3330,1170,3328,803,3287,1973],"class_list":["post-4473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-april","tag-china","tag-fastest","tag-gain","tag-headwinds","tag-industrial","tag-jump","tag-profits","tag-years"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=4473"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/4474"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=4473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=4473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=4473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}