Tax data shows: In January-February this year, China's high-tech industry sales revenue increased by 16.1% year-over-year.

MetaMuskRat · 2026-03-13T00:40:00+00:00

In January-February this year, China's scientific and technological innovation developed vigorously, with high-tech industry sales revenue increasing by 16.1% year-over-year. Both high-tech services and manufacturing showed significant growth, particularly outstanding performance in the aerospace and consumer electronics sectors.

MetaMuskRat

2026-03-13 00:40:00

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People’s Financial News, March 12 — According to tax data from the State Taxation Administration, China’s technological innovation and development have shown a strong momentum from January to February this year, with multiple highlights. Invoice data indicates that during this period, the innovative industry in China has been developing rapidly. Sales revenue in high-tech industries increased by 16.1% year-on-year, continuing a rapid growth trend. Among them, sales revenue in high-tech service industries grew by 17.2% year-on-year, especially in science and technology intermediary services, natural scientific research, and experimental development, which increased by 25.6% and 17.4%, respectively. Sales revenue in high-tech manufacturing increased by 14.5% year-on-year, driven by the low-altitude economy, commercial spaceflight, and consumer electronics. The manufacturing of aerospace equipment and electronic and communication equipment grew by 28.5% and 18.4%, respectively. (CCTV News)

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