On the 27th, the National Bureau of Statistics released data showing that in the first five months, the profits of industrial enterprises above designated size in China increased by 3.4% year-on-year, continuing the growth trend since the beginning of the year. The revenue of industrial enterprises continues to rebound. In the first five months, the operating revenue of industrial enterprises above designated size increased by 2.9% year-on-year, with a growth rate 0.3 percentage points faster than the previous four months, accelerating for two consecutive months. From the current month, the operating revenue of industrial enterprises above designated size increased by 3.8% year-on-year in May, further accelerating by 0.5 percentage points compared to April. Nearly 80% of industry profits have achieved growth. In the first five months, out of 41 major industrial sectors, 32 industries saw a year-on-year increase in profits, accounting for 78%, with industry growth expanding by 2.4 percentage points compared to the previous four months. By category, the profit of the manufacturing industry increased by 6.3% and remained stable overall. The profit of the electricity, heat, gas, and water production and supply industry increased by 29.5%, continuing to maintain rapid growth. The equipment manufacturing industry has become an important engine for profit growth. In the first five months, the profit of the equipment manufacturing industry increased by 11.5% year-on-year, with a growth rate 8.1 percentage points higher than that of the large-scale industry, driving the profit growth of the large-scale industry by 3.6 percentage points. Looking at different industries, benefiting from the rapid growth in production of products such as smartphones, high-tech ships, and automobiles, the profit of the electronics industry increased by 56.8%, the profit of the railway, ship, aviation, and aerospace transportation equipment industry increased by 36.3%, and the profit of the automotive industry increased by 17.9%. The profit of the consumer goods manufacturing industry has maintained double-digit growth. In the first five months, the profit of the consumer goods manufacturing industry increased by 10.9% year-on-year. By industry, profits in all 13 consumer goods manufacturing categories have maintained growth. (Lai Xin She)