Lates News

In July, the profits of high-tech manufacturing industries increased by 18.9% compared to June, when they had decreased by 0.9%, driving the overall profit growth of all industrial enterprises above a certain scale to accelerate by 2.9 percentage points compared to June, showing a significant leading role. Among them, as China's aerospace industry continues to advance to higher levels of technology, profits in the aerospace equipment manufacturing industry grew by 40.9%; in the semiconductor field, with the continuous enhancement of independent innovation capabilities, profits in related industries such as integrated circuit manufacturing, semiconductor device manufacturing, and semiconductor discrete device manufacturing increased by 176.1%, 104.5%, and 27.1% respectively; the biopharmaceutical industry has made steady progress in high-quality development, driving profits in industries such as biopharmaceutical manufacturing and chemical pharmaceutical formulation manufacturing to increase by 36.3% and 6.9% respectively. (National Bureau of Statistics)