Tax revenue data shows that our country's scientific and technological innovation maintained a good development momentum in the first two months.

The State Taxation Administration said that, according to tax data, in the first two months of this year, China’s technological innovation and development has shown strong momentum, with multiple highlights. Innovative industries are developing rapidly. Invoice data shows that in the first two months of this year, China’s high-tech industry sales revenue increased by 16.1% year over year. Among them, sales revenue of high-tech services increased by 17.2% year over year; in particular, the sales revenue of technology intermediary services and natural science research and experimental development increased by 25.6% and 17.4%, respectively. Sales revenue of high-tech manufacturing increased by 14.5% year over year. Technology and innovation resource factors are flowing actively. Invoice data shows that in the first two months of this year, sales revenue of scientific research and technology services in China increased by 23.6% year over year. Sales revenue of knowledge-ownership (patent) intensive industries with higher technological content increased by 12.8% year over year. The integration of the digital and the real is advancing quickly. Invoice data shows that in the first two months of this year, the amount paid by enterprises for digital technology procurement increased by 10.8% year over year. Among them, the amount paid by manufacturing enterprises for digital technology procurement increased by 16% year over year. Sales revenue of core industries of the digital economy increased by 10.8% year over year. Among them, sales revenue of digital product manufacturing and digital technology application industries increased by 13.3% and 11.9% year over year, respectively. (Xinhua News Agency)

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