Since the start of the year, China's high-end equipment manufacturing and high-tech manufacturing have continued to achieve new breakthroughs, with new growth drivers accelerating their expansion and pushing the industrial economy toward higher quality and innovation.
Latest data show that from January to July, new-growth-engine sectors — represented by high-tech manufacturing and digital-product manufacturing — contributed about 50% to the growth of the value-added of industrial enterprises above designated size, up roughly 3 percentage points from the first half. By product, AI has driven rapid output growth in sensors, memory chips, and optical fiber. By industry, integrated-circuit manufacturing, aircraft manufacturing, and smart-equipment manufacturing have all visibly accelerated. In Anhui, the integrated-circuit industry has grown more than threefold year on year, as a batch of projects nurtured over years now enter their harvest period.
The new drivers are not only energizing domestic production but also opening new space in overseas markets. In July, China's industrial exports maintained double-digit growth, with the automotive and electronics sectors' export delivery values rising 41.2% and 8.4% respectively — contributing 25.8% and 30.7% to the growth of total above-scale industrial export delivery value, as the international competitiveness of the industrial economy keeps strengthening.
