High-Tech Manufacturing Drives Industrial Profit Growth with 44.8% Surge in First Four Months

Deep News
05/27

High-tech manufacturing has demonstrated significant leadership in driving industrial profit growth. From January to April, profits in high-tech manufacturing enterprises above a designated size increased by 44.8% year-on-year, contributing 7.8 percentage points to the overall profit growth of industrial enterprises above the designated size, highlighting its sustained and prominent leading role.

By sector, the rapid development of semiconductor-related industries has driven substantial profit growth. Specifically, profits in the manufacturing of electronic specialty materials surged by 601.7%, followed by optical fiber manufacturing at 347.6%, and optoelectronic device manufacturing at 51.0%. Industries related to industrial automation and intelligent manufacturing also saw robust profit increases. Profits in the manufacturing of industrial control computer systems grew by 128.6%, testing instrument manufacturing by 58.8%, and industrial automatic control system equipment manufacturing by 17.3%. Additionally, advancements in high-quality development within the medical sector were evident, with profits in the manufacturing of dental equipment and instruments rising by 25.0%, and medical and pharmaceutical supplies manufacturing by 24.0%.

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