Tax Data Shows Rapid Growth in Shanghai Robotics and Smart Vehicle Device Sales

VAT invoice data shows that in the first half of 2026, Shanghai's economy continued its steady and improving trend: traditional industries grew steadily to underpin the economic foundation, emerging industries accelerated to activate new growth momentum, sci-tech investment kept increasing, the digital economy flourished, and market vitality was fully released. Emerging industries maintained rapid growth, with sales revenue of smart vehicle-mounted devices and robotics rising 61.5% and 17.5% year on year respectively. Momentum in emerging industries was ample and the digital sector grew strongly. Invoice data shows that in the first half year, the sales revenue of Shanghai's digital economy core industries rose 8.0% year on year, of which digital application technology rose 12.4%. In addition, traditional industries showed resilience and the consumer sector continued to recover: sales revenue of traditional industries such as food manufacturing rose 9.2% year on year. A relevant official of the Shanghai tax authority said the department will continue to focus on business entity needs, standardize the implementation of tax and fee support policies, optimize tax and fee services, continuously stimulate market vitality, and support Shanghai's high-quality economic development.