Hardcore products accelerate growth, significantly increasing the "scientific content" of the economy

Securities Times Reporter Guo Bohao

The output of industrial robot products increased by 33.2% year-on-year, and lithium-ion battery product output grew by 40.8%… In the first quarter of this year, a series of “hardcore” products accelerated industry growth. Even more impressive is that the added value of high-tech manufacturing above designated size increased by 12.5% year-on-year, outpacing the total industrial added value above designated size by 6.4 percentage points. China’s economy’s “scientific content” has significantly increased, and new productive forces are becoming an important engine for a good economic start.

A distinctive feature of this round of technology-driven growth is the full-scenario implementation of intelligence. As of March, the average daily call volume of artificial intelligence tokens in China has exceeded 140 trillion, a surge of over 40% compared to the end of last year. AI has deeply integrated into thousands of industries from concept to practice. The directly benefiting sectors, such as electronic special materials manufacturing and integrated circuit manufacturing, saw added value growth of 32.5% and 49.4%, respectively. AI is deeply embedded in the entire production process of thousands of industries, from black-light production lines in automobile factories to intelligent scheduling systems in chemical parks. This wave of intelligence has become an important lever for industry efficiency improvement, cost reduction, and quality upgrading.

High-end manufacturing is improving quality and efficiency, taking on the responsibility of industry ecosystem growth. Currently, high-tech manufacturing accounts for less than 20% of the added value of industrial enterprises above designated size, but contributes 32.6% of the growth of industrial enterprises above designated size. More critically, in the first two months of this year, the contribution rate of high-tech manufacturing to the profits of all industrial enterprises reached 51.8%, achieving higher value and better benefits with a smaller scale.

Continued increased investment in new areas. In the first quarter, national fixed asset investment grew by 1.7% overall, while investment in high-tech industries increased by 7.4% year-on-year. Funds continue to flow into emerging and future industries such as low-altitude economy, embodied intelligence, and 6G. This solidly strengthens the core competitiveness of China’s industries.

Technological innovation is never an isolated breakthrough but a profound transformation that runs through the entire chain of production, industry, and investment. It is the key to activating the vitality of millions of business entities. As technological and industrial innovation continue to deepen integration, more innovative achievements are accelerating into practical productivity. China’s economy’s “scientific content” will continue to rise, and its developmental vitality will become even more vigorous.

(Edited by: Wang Zhiqiang HF013)

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