MIIT Releases Q1 Industrial Operation Data

[Market Dynamics] The Ministry of Industry and Information Technology (MIIT) reported a strong start to industrial and information technology development in the first quarter of 2026.

Key Trends: Industrial added value rose 6.1% year-on-year, with all 31 provinces posting positive growth

In Q1, the year-on-year increase in industrial added value from designated-size enterprises reached 6.1%, with over 80% of sectors reporting growth. Industry contributed nearly 40% to GDP growth. Equipment manufacturing stood out, with its added value growing 8.9% year-on-year and accounting for nearly 50% of total industrial growth.

Key Metrics: High-tech product output surges, manufacturing investment rebounds

Output of high-value-added products such as robot reducers and memory chips grew by more than 40%. Manufacturing investment increased 4.1% year-on-year, accelerating by 3.5 percentage points compared to the full year of 2025. Total telecom business volume rose 8.3% year-on-year.

Strategic Foundation: Proactive policies underpin 'stability with progress'

The MIIT coordinated closely with local governments to take initiative, driving industrial structure optimization and fostering new growth drivers—thereby reinforcing the foundation of industrial economic 'stability' and accelerating the pace of 'progress.'