China’s economy posted a robust start to 2026, with official data for January–February highlighting significant gains in industrial profits, high-tech manufacturing, and logistics. The latest figures from the National Bureau of Statistics and the China Federation of Logistics and Purchasing point to a steady recovery and resilience amid global uncertainties. These trends, underpinned by technological innovation, improved supply chains, and proactive policy support, lay a solid foundation for achieving the goals of the 14th Five-Year Plan and sustaining economic modernization.China.org+2
Large-scale industrial enterprises in China reported a total profit of 10.25 trillion yuan in the first two months of 2026, marking a 15.2% year-on-year increase. Revenue rose 5.3%, with high-tech manufacturing profits soaring 58.7% and equipment manufacturing up 8.9%. Out of 41 industrial sectors, 24 saw profit growth, reflecting structural optimization and efficiency gains. The recovery is attributed to improved supply chains and advances in technology, with joint-stock and private enterprises outperforming state-controlled and foreign-invested firms. Experts interpret these results as evidence of robust economic momentum and industrial resilience.China.org+2
China’s logistics sector continued to expand, with total social logistics reaching 58.6 trillion yuan in December 2025, up 6.7% year-on-year. In the first two months of 2026, the logistics industry earned 2 trillion yuan (+5.2%). High-end manufacturing sectors such as electronics and aerospace achieved over 10% growth. Growth in supply chain orders, rail freight, and cross-border logistics further supported domestic demand and international trade stability, reinforcing the sector’s role in economic recovery.CCTV+2
High-tech manufacturing emerged as a key driver, with profits rising 58.7% in early 2026. Sectors like electronics, new energy, and autonomous technologies led the surge, reflecting China’s focus on technological innovation and digital transformation. The integration of AI and smart manufacturing, along with the expansion of digital services, contributed to both domestic and global market competitiveness. These advancements are central to China’s modernization and economic resilience.China.org+2
Proactive government policies, infrastructure investment, and reforms remain central to sustaining China’s recovery. The surge in state enterprise profit remittances—over 375 billion yuan in 2026, up 78.5%—has bolstered public finance and social welfare. Effective policy measures have helped mitigate global uncertainties, laying the groundwork for continued growth and the achievement of national development goals under the 14th Five-Year Plan.People's Daily+2