Yu Weining, the Chief Statistician of the Industrial Department at the National Bureau of Statistics, provided an in - depth interpretation of the profit data of industrial enterprises from January to April 2026. He stated that, under the firm leadership of the Party Central Committee, various regions and departments across the country have effectively put macroeconomic policies into practice. This concerted effort has spurred rapid growth in industrial production and a rebound in industrial product prices. Consequently, the profits of industrial enterprises soared by 18.2% year - on - year. Among the different sectors, the equipment manufacturing and high - tech manufacturing sectors emerged as major drivers. The former saw a profit growth of 15.4%, while the latter witnessed an even more impressive 44.8% increase. Moreover, the raw material manufacturing sector also posted a significant year - on - year profit increase of 88.1%. On the cost front, unit costs for industrial enterprises have decreased, leading to improved profitability. This positive trend was not limited to a specific group; instead, profits grew rapidly across enterprises of varying sizes and types.