June 16 — National Bureau of Statistics spokesman Wang Guanhua said an accelerated shift from old to new growth drivers is a defining feature of China’s current economic activity. Advances in industrial upgrading, digitalisation and green transition

2026-06-16

June 16 — National Bureau of Statistics spokesman Wang Guanhua said an accelerated shift from old to new growth drivers is a defining feature of China’s current economic activity. Advances in industrial upgrading, digitalisation and green transition have strengthened new productive forces, providing support for growth and improving quality, resilience and sustainability. China has leaned on innovation investment to power high‑quality development: 2025 R&D intensity (total R&D spending/GDP) exceeded the OECD average for the first time. Stronger innovation resources have produced a wave of breakthroughs in aerospace, artificial intelligence, quantum computing and biopharma.