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Sales revenue increased by 14.6% year-on-year; China's high-tech industry upgrade continues to deepen.
The invoice data released today by the State Taxation Administration shows that since the beginning of this year, as of March 25th, the sales revenue of high-tech industries has increased by 14.6% year-on-year. The tax revenue data indicates that since the beginning of this year, the competitiveness of China’s high-tech industries has strengthened. From January 1 to March 25, the sales revenue of high-tech industries grew by 14.6% year-on-year, reflecting that industry upgrades driven by technological innovation are continuing to deepen. At the same time, the transformation of scientific research achievements has accelerated, with sales revenue in scientific research technical services and high-tech, intellectual property-intensive industries increasing by 21% and 10.9% respectively, demonstrating that scientific and technological achievements are being rapidly converted into productivity. (CCTV News)