China's industrial firms with annual revenue above 20 million yuan posted a combined profit of 3.14 trillion yuan in the first five months of 2026, up 18.8% year on year, the National Bureau of Statistics said. Mining sector profits surged 33.5% to 479.52 billion yuan, while manufacturing rose 20% to 2.33 trillion yuan. Utilities including power, heat, gas and water supply saw profits fall 2.7% to 335.92 billion yuan.