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Value Added of Industrial Enterprises Above Designated Size Rises 5.3% Year on Year in First Three Quarters

ENGLISH Translation中文 原文
01

CCTV.com reports (Xinwen Lianbo): The State Council Information Office held a press conference today, October 20. Data released by the Ministry of Industry and Information Technology showed that China achieved positive results in the high-quality development of its industrial economy in the first three quarters of this year.

央视网消息(新闻联播):国务院新闻办公室今天(10月20日)举行新闻发布会,工业和信息化部公布的数据显示,今年前三季度,我国工业经济高质量发展取得积极成效。

02

Since the beginning of this year, as policies to stabilize growth in key industries have taken effect, China's industrial economy has operated steadily, with production and earnings growing together. In the first three quarters, value added of industrial enterprises above designated size rose 5.3% year on year, and industry's contribution to economic growth remained at around 35%. Corporate profits continued to grow, with total profits of industrial enterprises above designated size rising 15.7% year on year in the first eight months.

今年以来,随着重点行业稳增长政策落地见效,我国工业经济平稳运行,生产、效益实现同步增长。前三季度,规模以上工业增加值同比增长5.3%,工业对经济增长的贡献率保持在35%左右。企业利润持续增长,前8个月,规模以上工业企业利润总额同比增长15.7%。

03

With major technological upgrading in manufacturing and large-scale equipment renewal, the industrial structure has continued to shift toward newer and better production. The capacity to supply high-end equipment has strengthened, and value added of high-tech manufacturing enterprises above designated size rose 14.3% year on year in the first three quarters. With next-generation intelligent manufacturing as the main focus, advanced manufacturing has made new strides.

随着制造业重大技术改造升级和大规模设备更新,产业结构持续向新向优。高端装备供给能力增强,前三季度,规模以上高技术制造业增加值同比增长14.3%。以新一代智能制造为主攻方向,先进制造业发展迈出新步伐。

04

The information and communications sector developed steadily. In the first three quarters, the total volume of telecommunications services rose 7.3% year on year, while internet business revenue increased 8.9% year on year from January to August. Infrastructure capabilities strengthened, and breakthroughs were achieved in research and development of key technologies such as 6G, providing continued support for the development of advanced manufacturing.

信息通信行业平稳发展。前三季度,电信业务总量同比增长7.3%,互联网业务收入1—8月同比增长8.9%。基础设施能力增强,6G等关键技术研发实现突破,为先进制造业发展不断提供支撑。

Entities in this story

Reported events 7

Ongoing at time of reportIndustrial upgradingDate not specified+

The manufacturing sector carried out major technological transformation and upgrading and large-scale equipment renewal, while the industrial structure continued to improve.

Translated paragraph context
With major technological upgrading in manufacturing and large-scale equipment renewal, the industrial structure has continued to shift toward newer and better production. The capacity to supply high-end equipment has strengthened, and value added of high-tech manufacturing enterprises above designated size rose 14.3% year on year in the first three quarters. With next-generation intelligent manufacturing as the main focus, advanced manufacturing has made new strides.
Original Chinese quote
随着制造业重大技术改造升级和大规模设备更新,产业结构持续向新向优
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ReportedIndustrial growthJanuary 2026 — September 2026+

In the first three quarters, value added of industrial enterprises above designated size grew by 5.3%, while industry's contribution to economic growth remained at around 35%.

Translated paragraph context
Since the beginning of this year, as policies to stabilize growth in key industries have taken effect, China's industrial economy has operated steadily, with production and earnings growing together. In the first three quarters, value added of industrial enterprises above designated size rose 5.3% year on year, and industry's contribution to economic growth remained at around 35%. Corporate profits continued to grow, with total profits of industrial enterprises above designated size rising 15.7% year on year in the first eight months.
Original Chinese quote
前三季度,规模以上工业增加值同比增长5.3%,工业对经济增长的贡献率保持在35%左右
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ReportedProfit growthJanuary 2026 — August 2026+

In the first eight months, total profits of industrial enterprises above designated size rose by 15.7% year on year.

Translated paragraph context
Since the beginning of this year, as policies to stabilize growth in key industries have taken effect, China's industrial economy has operated steadily, with production and earnings growing together. In the first three quarters, value added of industrial enterprises above designated size rose 5.3% year on year, and industry's contribution to economic growth remained at around 35%. Corporate profits continued to grow, with total profits of industrial enterprises above designated size rising 15.7% year on year in the first eight months.
Original Chinese quote
前8个月,规模以上工业企业利润总额同比增长15.7%
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ReportedData release20 October 2026+

The State Council Information Office held a press conference on October 20, at which the Ministry of Industry and Information Technology released industrial economic data for the first three quarters.

Translated paragraph context
CCTV.com reports (Xinwen Lianbo): The State Council Information Office held a press conference today, October 20. Data released by the Ministry of Industry and Information Technology showed that China achieved positive results in the high-quality development of its industrial economy in the first three quarters of this year.
Original Chinese quote
国务院新闻办公室今天(10月20日)举行新闻发布会,工业和信息化部公布的数据显示
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ReportedTechnology developmentDate not specified+

Information and communications infrastructure capacity increased, and breakthroughs were achieved in research and development of key technologies such as 6G.

Translated paragraph context
The information and communications sector developed steadily. In the first three quarters, the total volume of telecommunications services rose 7.3% year on year, while internet business revenue increased 8.9% year on year from January to August. Infrastructure capabilities strengthened, and breakthroughs were achieved in research and development of key technologies such as 6G, providing continued support for the development of advanced manufacturing.
Original Chinese quote
基础设施能力增强,6G等关键技术研发实现突破
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ReportedCommunications growthDate not specified+

Total telecommunications business volume grew by 7.3% in the first three quarters, and internet business revenue grew by 8.9% from January to August.

Translated paragraph context
The information and communications sector developed steadily. In the first three quarters, the total volume of telecommunications services rose 7.3% year on year, while internet business revenue increased 8.9% year on year from January to August. Infrastructure capabilities strengthened, and breakthroughs were achieved in research and development of key technologies such as 6G, providing continued support for the development of advanced manufacturing.
Original Chinese quote
前三季度,电信业务总量同比增长7.3%,互联网业务收入1—8月同比增长8.9%
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ReportedManufacturing growthJanuary 2026 — September 2026+

In the first three quarters, value added of high-tech manufacturing enterprises above designated size grew by 14.3%, while advanced manufacturing developed with next-generation intelligent manufacturing as its main focus.

Translated paragraph context
With major technological upgrading in manufacturing and large-scale equipment renewal, the industrial structure has continued to shift toward newer and better production. The capacity to supply high-end equipment has strengthened, and value added of high-tech manufacturing enterprises above designated size rose 14.3% year on year in the first three quarters. With next-generation intelligent manufacturing as the main focus, advanced manufacturing has made new strides.
Original Chinese quote
前三季度,规模以上高技术制造业增加值同比增长14.3%
Explore activity over time →