Recent invoice data released by the State Taxation Administration reveal that China's economy maintained steady growth while enhancing its quality during the first three quarters of 2026. Specifically, sales revenue in the core sectors of the digital economy and intellectual property (patent)-intensive industries saw a year-on-year increase of 9.1% and 13.1%, respectively. In the third quarter alone, these sectors experienced growth rates of 9.9% and 14.4%, marking a significant uptick of 2.9 and 1.8 percentage points compared to the second quarter. This trend underscores the accelerated development of industries propelled by new growth drivers.
