Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
Beijing, April 1 (Xinhua) — According to the latest tax data, China's economy continues to grow steadily, and innovation momentum is accelerating. This is evidenced by robust revenue growth in high-tech industries in the first quarter of 2026.
Data released Wednesday by the General Administration of Taxation showed that sales revenue in China's high-tech industries increased 14.6 percent year-on-year from January 1 to March 25, with sales in high-tech manufacturing and high-tech services rising 12.7 percent and 15.8 percent, respectively.
Data shows that revenue from the development, production and sales of integrated circuits has also risen sharply, driven by growing demand for artificial intelligence (AI) and computing centers.
During the reporting period, sales revenue in the manufacturing industry grew by 5.4 percent, while sales revenue in the equipment manufacturing sector increased by 6.3 percent, according to the data.
Furthermore, the pace of China's green transformation is also accelerating: sales revenue from the ecology and environmental protection sector increased by 9.6 percent year-on-year. Sales revenue from clean energy power generation grew rapidly, accounting for 36.3 percent of total power generation revenue, up 4.5 percentage points year-on-year. -0-
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.