NBS: Profits in Electronics, Railway/Ship/Aerospace, and Electrical Machinery Industries Increase by 203.5%, 11.4%, and 6.2% Year-on-Year Respectively in Jan-Feb
en.Wedoany.com Report, On March 27, Yu Weining, Chief Statistician of the Industrial Department of the National Bureau of Statistics (NBS), interpreted the industrial enterprise profit data for January-February 2026, stating that the equipment manufacturing industry played a significant "ballast" role, and the profit structure of industrial enterprises continued to optimize. In January-February, the operating revenue of equipment manufacturing enterprises above the designated size grew by 8.9% year-on-year, 3.6 percentage points higher than that of all industrial enterprises above the designated size. The rapid growth in operating revenue drove the profits of equipment manufacturing enterprises above the designated size to increase by 23.5% year-on-year, accelerating by 15.8 percentage points compared to the full year of the previous year. The profits of equipment manufacturing enterprises above the designated size accounted for 30.4% of the total profits of all industrial enterprises above the designated size, an increase of 2.0 percentage points year-on-year, indicating a continuous optimization of the profit structure. By sector, profits grew in 5 out of the 8 sectors within the equipment manufacturing industry. Among them, the electronics, railway/ship/aerospace, and electrical machinery industries saw relatively fast profit growth, with year-on-year increases of 203.5%, 11.4%, and 6.2%, respectively.
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