EconomyTax data shows rapid growth in China’s high-tech industries
China’s high-tech industry sales revenue rose 15.7% year on year from January to August 2026, while high-tech manufacturing grew 18.9%, the State Taxation Administration said. AI-related integrated circuit manufacturing and intelligent vehicle equipment posted increases of 67.7% and 38.8%. Officials said tax policies would continue supporting businesses and new growth drivers.
Tax data shows rapid growth in China’s high-tech industries
Economy