China's tax data shows accelerated integration of the digital and real economies.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Dec. 25 (Xinhua) — The integration of the digital economy with the real economy in China maintained its rapid growth momentum this year, as digital industrialization strengthened, investment in industrial digitalization increased, and the driving role of data grew, according to data released Thursday by the General Administration of Taxation.

Data showed that sales revenue in key digital economy sectors grew 10 percent year-on-year in the first 11 months of this year, significantly outpacing the overall growth rate of businesses nationwide.

In particular, sales revenue in such industries as the production of intelligent equipment and the production of electronic components and equipment increased by 28.2 percent and 10.9 percent, respectively.

During the reporting period, companies increased their investment in industrial digitalization. According to data, from January to November 2025, spending by manufacturing companies in the country on digital technologies increased by 11.2 percent year-on-year.

Growth was particularly noticeable in equipment manufacturing. Spending on digital technologies in the automotive, general equipment, and computer, communications, and other electronic equipment industries increased by 25.5 percent, 19.7 percent, and 13.3 percent, respectively.

The data showed that during the above-mentioned time period, sales revenue in data-driven industries grew by 6.3 percent compared to the same period last year.

Over the same period, revenue from sales on online platforms, which encompass new forms of business such as online transportation and taxi booking, as well as food delivery, increased by 16.2 percent year-on-year.

According to statistics, revenue from sales of online retail services, including live e-commerce broadcasts, grew by 11.9 percent, while revenue from supply chain management services grew by 24.7 percent. -0-

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