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World News April 2, 2026

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

Latest tax data show that China’s economy remains stable, with stronger innovation momentum in early 2026. Revenue from high-tech industries rose 14.6% year on year, with steady growth in both manufacturing and services, driven in part by demand for AI and computing power.

At the same time, overall manufacturing saw moderate growth, while machinery and equipment performed slightly better. The data also highlighted a faster green transition, with environmental industries expanding and clean energy accounting for a larger share of power generation revenue.

Credit : CGTN

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