Published: 17:51, April 15, 2025 | Updated: 18:23, April 15, 2025
China's tax data shows steady Q1 growth in manufacturing
By Xinhua
A roll-on/roll-off (ro-ro) vessel prepares to transport 1,500 vehicles at Qinzhou Port in Qinzhou, South China's Guangxi Zhuang autonomous region, April 7, 2025. The launching marks the first rail-sea route connecting China's Beibu Gulf Port with Dubai's Jebel Ali Port. This initiative aims to boost auto exports from western China to the Middle East. (PHOTO / XINHUA)

China's manufacturing sector maintained steady growth in the first quarter of 2025, according to the latest value-added tax invoice data released by the State Taxation Administration.

In the first quarter, sales revenue in high-tech manufacturing rose by 12.1 percent year-on-year, 3.1 percentage points higher than the same period last year, according to the data.

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Sales revenue in equipment manufacturing grew by 9.7 percent, with the growth rate accelerating by 3.5 percentage points from a year earlier.

In the first quarter, sales revenue in digital product manufacturing rose by 12 percent year-on-year, while spending by manufacturing firms on digital technologies increased by 8.7 percent year-on-year.

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Sales revenue in smart equipment manufacturing rose by 13.2 percent year-on-year, according to the data.

Sales revenue for energy-intensive manufacturing accounted for 29.2 percent of that for the total manufacturing in the first quarter, down 1.4 percentage points from the same period last year.

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The data points to continued acceleration in the transformation and upgrading of China's manufacturing sector toward higher-end, smarter and greener development, highlighting steady and improved growth in the industry.