AI Data Insight
The latest data from China shows that in the second quarter of 2026, the expenses per 100 yuan of operating revenue for industrial enterprises above designated size fell to 8.39 yuan, a significant improvement from 8.50 yuan in the first quarter. Benefiting from expense control and the strong momentum of high-tech manufacturing, industrial profits in the single month of April surged 24.7% year-on-year. Although the market still has concerns about "strong supply and weak demand," structural profit recovery has provided a solid foundation for subsequent economic recovery.