Recently, the National Bureau of Statistics released data on the profits of industrial enterprises above designated size nationwide for January–July 2026.
Yu Wei, Chief Statistician of the Department of Industry, stated that as the "AI+" strategy accelerates its implementation and computing power demand continues to expand, increased demand for related products has driven up prices. This has spurred rapid profit growth in the electronics industry, becoming a major driver behind the relatively fast profit growth of industrial enterprises above designated size.
Within the electronics industry, demand for computing power is triggering an explosive surge in profits. Notably, the integrated circuit sector, represented by computing chips and memory chips, saw year-on-year profit growth of up to 18.5 times, contributing more than 80% to the overall profit growth of the electronics industry.
Both upstream and downstream segments of the supply chain benefited simultaneously: profits from computer complete machine manufacturing, computer peripheral equipment manufacturing, and industrial control computer and system manufacturing—sectors related to computers and servers—grew by 3.3 times, 2.5 times, and 1.6 times, respectively.
In the field of electronic device and component manufacturing, profits from the production of specialized electronic materials, semiconductor discrete devices, and electronic circuits grew by 226.8%, 45.8%, and 37.1%, respectively.
Pang Ming, a member of the China Chief Economists Forum, analyzed that this significant growth essentially reflects the accelerated release of new quality productive forces and the cyclical resonance of the global artificial intelligence and consumer electronics supply chains. In particular, high-end segments such as integrated circuits (e.g., memory chips) have seen an explosive release of dividends.
As applications of artificial intelligence, big data, and cloud computing accelerate their expansion, the market space for the electronic information industry has significantly expanded, driving synchronous growth in upstream components and related manufacturing sectors. Meanwhile, the recovery of export orders and the improvement of domestic supply chain support have also provided solid backing for industry profitability.