Economic Performance Highlights: Robust Data Reflects China's Strong Economic Momentum

Deep News
05/19

The latest invoice data released today (19th) by the State Taxation Administration shows that from January to April this year, corporate sales revenue nationwide achieved steady growth, presenting multiple positive highlights. The data indicates that industrial production maintained a relatively fast growth rate during the first four months, with sales revenue increasing by 6.6% year-on-year. Concurrently, the development of new growth drivers, such as high-tech industries and the artificial intelligence-related sector, is accelerating. From January to April, sales revenue in high-tech industries grew by 15.3% year-on-year. Additionally, service consumption continues to heat up, driving accelerated sales revenue growth in the cultural and tourism sectors.

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