China’s Broadcasting and TV Services Revenue Hits 1.13 Trillion Yuan in First Three Quarters of 2026

The headline growth is solid, but the more telling detail is the gap between total revenue and actual operating income: operating income rose faster, suggesting core business activity is carrying the expansion rather than peripheral items. That distinction matters for anyone tracking the health of China's state-adjacent media sector, where headline totals can be flattered by non-operating components. Whether the operating-income lead persists in the full-year data is the open question.