The State Administration of Taxation released the latest VAT invoice data. In the first quarter, sales revenue from China's high-tech industry increased 13.4% year on year, continuing the relatively rapid growth trend. The sales revenue of the digital product manufacturing industry and the digital technology application industry increased by 12% and 11.6%, respectively, reflecting the continued deepening of digital-reality integration. With China's breakthroughs and promotion and application in the field of artificial intelligence, sales revenue from the scientific research technology service industry and the information technology service industry increased by 19.6% and 11.4%, respectively, over the same period last year.

Zhitongcaijing · 04/09 08:49
The State Administration of Taxation released the latest VAT invoice data. In the first quarter, sales revenue from China's high-tech industry increased 13.4% year on year, continuing the relatively rapid growth trend. The sales revenue of the digital product manufacturing industry and the digital technology application industry increased by 12% and 11.6%, respectively, reflecting the continued deepening of digital-reality integration. With China's breakthroughs and promotion and application in the field of artificial intelligence, sales revenue from the scientific research technology service industry and the information technology service industry increased by 19.6% and 11.4%, respectively, over the same period last year.