Sales revenue increased by 14.6% year-on-year, and the upgrading of China's high-tech industries continues to deepen.

The invoice data released by the State Administration of Taxation today shows that since the beginning of this year, as of March 25, sales revenue in the high-tech industry has increased by 14.6% year-on-year. Big tax data indicates that the competitiveness of China's high-tech industry has been strengthened this year. From January 1 to March 25, sales revenue in the high-tech industry increased by 14.6% year-on-year, reflecting a continuous deepening of industry upgrading driven by technological innovation. At the same time, efforts to transform research results have increased, with sales revenue in research and technology service industries and knowledge-intensive industries with high technological content increasing by 21% and 10.9% year-on-year, respectively, showing that technological achievements are accelerating their transformation into productivity.