A set of tax data released by the State Taxation Administration shows how technological and industrial innovation are converging. High-tech industry revenue rose 13.9% in 2025 and 14.6% from 1 January to 25 March 2026; scientific research and technical services and IP-intensive industries grew by more than 20% and about 10% last year, then 21% and nearly 11% in the same period this year. Digital and physical economies keep penetrating each other, with core digital-economy revenue and corporate purchases of digital technology both climbing steadily. Demand for AI and computing centres pulled upstream along: in the first three months of the year, IC design and IC manufacturing revenue rose more than 40% and 40% respectively. Lin Guohai, chairman of science-service firm Keyi Wang, attributed the momentum to policy, industrial upgrading and more active businesses; his own company uses big data and AI for knowledge graphs, digital applications and agents, with related product sales up 200% in the first two months.
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Tax data show new-quality productive forces growing faster
Tax data from the State Taxation Administration show revenue of high-tech industries rose 13.9% in 2025 and another 14.6% year on year from 1 January to 25 March 2026. Scientific research and technical services grew 20.4% in 2025 and 21% in the same period this year. Driven by demand for AI and computing centres, IC design and IC manufacturing revenue rose 48.9% and 40.7% in the first quarter window, while corporate purchases of digital technology grew 9.7%. Science-service firm Keyi Wang said it has built its own knowledge graph, digital-tool and AI-agent products, with related sales up 200% in the first two months of the year.
2026-10-13