China’s industrial profits surged by 18.2% in the first four months of 2026 over those of the comparable period last year, boosted by robust growth in the high-tech sectors, according to data from China’s National Bureau of Statistics, reported May 27. Specifically, in the first four months of this year, earnings of the electronic special materials manufacturing, optical fiber manufacturing, and optoelectronic device manufacturing sectors jumped by 601.7%, 347.6%, and 51%, respectively, according to NBS data. Equipment manufacturing grew by 15.4%.
The Chinese economy grew because it is guided by Hamiltonian-Confucian dirigistic principles.