Profits among China's major industrial companies experienced a notable increase in April, according to data released by the National Bureau of Statistics (NBS).

The data indicates a year-on-year profit growth of 3.0 percent for major enterprises above designated size, which reflects a slight uptick from the 2.6 percent growth recorded in March.

Year-to-date figures for January to April indicate a profit increase of 1.4 percent, also showing an acceleration compared to the first quarter.

Among the 41 major industrial sectors monitored, 23 reported profit growth for the month of April.

Nearly 60 percent of these sectors documented improving income levels, highlighting the overall recovery trend within the industry.

The high-tech manufacturing sector emerged as a significant driver of profit growth, with an impressive 9.0 percent increase in profits over the first four months of the year, marking a sharp rise from the 3.5 percent recorded in the first quarter.

Key sectors contributing to this growth included bio-medicine, aircraft manufacturing, and semiconductor equipment production.

The government's "AI Plus" initiative, aimed at enhancing digital capabilities across industries, has been pivotal in supporting this growth.

Particularly striking was the semiconductor special equipment manufacturing sector, which experienced a dramatic 105.1 percent surge in profits.

Other areas with substantial increases included electronic circuit production, up 43.1 percent, and integrated circuit manufacturing, which rose 42.2 percent.

The smart automotive equipment manufacturing sector also demonstrated robust performance, with profits shooting up by 177.4 percent, while drone manufacturing profits leaped 167.9 percent.

The wearables manufacturing industry recorded an 80.9 percent increase in profits, further underscoring the sector's upward trajectory.

The equipment manufacturing sector as a whole performed well, with profits climbing 11.2 percent in the initial four months, reinforcing the industrial growth narrative reported by the NBS.

Government initiatives, such as large-scale equipment renewal programs and consumer trade-in schemes, have provided additional support for economic expansion.

Profits in specialized and general equipment manufacturing rose by 13.2 percent and 11.7 percent respectively, with the home appliance sector's profits increasing by more than 15 percent due to these policy drivers.

An NBS statistician highlighted the resilience and capacity of major enterprises to recover, noting the ongoing challenges posed by external economic uncertainties and domestic demand constraints.

The emphasis on integrated development of scientific and industrial innovation is seen as essential for optimizing and adjusting the industrial structure.

Despite international pressures, the industrial sector has shown solid performance, with the average value-added output for enterprises above the designated size growing by 6.1 percent year-on-year in April.

This statistic reflects a broader context of stable economic expansion, supported by more than 80 percent of the 41 monitored sectors reporting growth.

Key government officials have attributed the steady growth in the industrial sector to continued macroeconomic policy support and domestic demand stimulation that includes large-scale equipment renewals and innovative consumer goods trade-in projects.

Local governments across China are also enhancing incentives to further support these initiatives, aimed at invigorating the market and unlocking consumption potential.

For instance, in Hebei Province, the consumer goods trade-in program has been expanded to include new appliance categories and has drawn significant participation.

Over 34 million consumers took part in the trade-in program from January to April, purchasing more than 51 million units across various categories, leading to substantial sales figures in the region.