The "two new" policies have achieved remarkable results, with a steady increase in sales revenue of national enterprises in the first half of the year.
The latest data released by the State Administration of Taxation shows that in the first half of this year, the national enterprise sales revenue has maintained steady growth, and the manufacturing industry has developed steadily with improved quality. The effects of the "two new" policies are evident. Value-added tax invoice data shows that in the first half of this year, the growth rate of sales revenue in the manufacturing industry was 1.5 percentage points higher than the overall growth rate of national enterprises, becoming an important support for stable economic growth. The "high-end" development of the manufacturing industry is also steadily progressing, with sales revenue in equipment manufacturing and high-tech manufacturing increasing by 8.9% and 11.9% respectively. At the same time, the innovative industry continues to grow, with sales revenue in high-tech industries increasing by 14.3% year-on-year in the first half of the year, maintaining rapid growth. The sales revenue of core industries in the digital economy and the amount of digital technology purchases by national enterprises both increased by around 10% year-on-year, reflecting the ongoing acceleration of the processes of digital industrialization and industrial digitalization.
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