Published on: 2026-04-25
Source: People’s Republic of China in Russian –
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In the first quarter of the current year, China’s industrial economy demonstrated steady growth. New industries and advanced technologies continued to gain strength, and enterprise profits noticeably recovered, laying a solid foundation for high-quality development throughout the year.
The production of equipment, acting as a “balancer” of the industrial economy, showed impressive results in the first quarter. The added value of specialized enterprises grew by 8.9% on an annual basis, and its share in the total volume of industry exceeded the established norm by more than 30%, which indicates the key role of the sector. The greatest contribution was made by the electronic industry, whose growth rates reached 13.6% and provided the main impetus for industrial development.
The added value of high-tech processing industry increased by 12.5% year-on-year — this is the highest figure since the second quarter of 2022. Under the influence of the “Artificial Intelligence+” trend, microchip production grew by 43.5%, and industrial robot output by 33.2%. New application scenarios, such as embodied AI and human-robot interaction, continue to reveal the growth potential of the industry.
Along with increased enterprise efficiency, confidence in development is also growing. In the first two months, the profit of industrial enterprises above the established norm increased by 15.2% on an annualized basis, and growth rates have significantly accelerated. Profit in the engineering and high-tech manufacturing sectors grew by 23.5% and 58.7% respectively, with the structure of incomes continuing to optimize.According to surveys, in the first quarter, the index of industrial enterprises’ expectations regarding the overall state of business activity for the next quarter increased by 3.7 percentage points compared to the previous quarter, confidence in investing also steadily rises, and development prospects continue to improve.
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