China's high-tech industries record robust growth in Q1, tax data show

The latest tax data show that the Chinese economy has continued to perform steadily, with innovation momentum strengthening, as evidenced by robust revenue growth in high-tech industries in the first quarter of 2026.

Data released on Wednesday by the State Taxation Administration showed that sales revenue of high-tech industries for the period from January 1 to March 25 increased by 14.6% year on year. High-tech manufacturing and services saw revenue growth of 12.7% and 15.8%, respectively.

Driven by demand for artificial intelligence and computing power centers, sales revenue from integrated circuit design and manufacturing also saw a sharp increase, the data showed.

During the same period, sales revenue in the manufacturing sector grew by 5.4%, while machinery and equipment manufacturing grew by 6.3%, according to the data.

Wednesday's data also revealed China's accelerating green transition. Sales revenue from the ecological and environmental protection industry rose 9.6% year on year, while clean energy power generation grew rapidly, accounting for 36.3% of total power production sales revenue, up 4.5 percentage points from a year ago.