Since the start of this year, China's emerging industries have sustained their growth trajectory, infusing fresh vitality into the nation's economic development. Data released by the State Taxation Administration reveals that during the initial 11 - month period, both the high - tech industries and the core sectors of the digital economy witnessed double - digit growth in their sales revenue.
An analysis of value - added tax invoice data indicates that the sales revenue of high - tech industries climbed by 14.7% on a year - on - year basis. Specifically, the high - tech service industries saw a growth rate of 17.2%, while the high - tech manufacturing industries registered an 11.1% increase. In the manufacturing realm, industries like integrated circuits and industrial mother machines experienced remarkable growth, with their sales revenue rising by 19.3% and 11% respectively.
Simultaneously, the integration between the digital and real economies is continuously deepening, further reshaping the economic landscape.
