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China's industrial profits up 15.7% in Jan-Aug, electronics sector contributes over 60%
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According to data released by China's National Bureau of Statistics on September 28, the total profits of industrial enterprises above a designated size reached 5,271.98 billion yuan in the first eight months of the year, a year-on-year increase of 15.7%. The artificial intelligence electronics industry saw its profits surge by 1.1 times, contributing 62.0% to the overall profit growth of all industrial enterprises. The data was reported by China Securities Journal via East Money News.
Source report
The National Bureau of Statistics released data on September 28 showing that from January to August, industrial enterprises above the designated size achieved total profits of 5,271.98 billion yuan, a year-on-year increase of 15.7%.
Profits in the artificial intelligence and electronics sector surged 1.1 times year-on-year, contributing 62.0% to the overall profit growth of industrial enterprises above the designated size.
For more details, refer to the accompanying infographic.
(Source: China Securities Journal · Zhongzheng.com)
Source
东方财富网-产业透视Eastern
Part of this Story
China’s high-tech manufacturing profits surge 54.7% in Jan–Aug, led by AI infrastructure buildout