China Industry Sees Strong Growth in High Tech Profits

China high tech industry had strong profit growth in the first five months of 2026. New data from the National Bureau of Statistics showed that many technology and medical businesses earned much more than last year.

From January to May, profits in high tech manufacturing grew by 44.7% compared with the same time in 2025. The sector also helped lift the total profits of large industrial companies across the country.

The biggest growth came from electronic special materials. Profits in this industry jumped by 665.4%. Electronic circuit manufacturing also did well with a profit rise of 19.7%.

The semiconductor industry also showed good results. Profits from optoelectronic device manufacturing increased by 53.8%. Semiconductor discrete device manufacturing saw profits rise by 40.6%. These numbers show that China's chip and electronics industry is growing stronger.

Medical equipment makers also had a good start to the year. Profits in dental equipment manufacturing rose by 26.4%. Companies that make medical supplies and health care products saw profits grow by 23.2%.

Yu Weining, chief statistician of the Industrial Department at the National Bureau of Statistics. Said high tech manufacturing continued to lead industrial profit growth. The sector added 8 percentage points to the total profit growth of large industrial companies.

The latest figures show that China is putting more focus on advanced technology, electronics and medical products. Strong growth in these industries may help support the country's economy in the months ahead. Experts will continue to watch if this growth stays strong during the rest of 2026.