AI Data Insight
Latest data shows that in Q2 2026 (as of May), the cumulative operating costs of China's industrial enterprises above designated size climbed to RMB 48,038.62 billion, steadily increasing from the previous value of RMB 38,132.17 billion. Despite the rise in overall costs, benefiting from revenue growth outpacing cost growth, the overall operational efficiency and profit margins of enterprises have seen significant improvement. Moving forward, close attention must be paid to the structural contradictions between domestic supply and demand, as well as the risk of raw material fluctuations triggered by geopolitics, which will be the key factors determining cost pressures in the second half of the year.