AI Data Insight
The newly released cumulative year-on-year growth rate of China's total industrial enterprise profits for Q2 2026 reached 18.2%, expanding significantly from the previous 15.5%, with single-month growth hitting a more than two-year high. Benefiting from surging global AI demand and geopolitics driving up oil prices, high-tech manufacturing and upstream raw materials have become the two main pillars. However, given weak domestic demand, the overall industry recovery still exhibits high structural divergence.