前三季度规模以上工业增加值同比增长5.3%

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.

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.

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.

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.