NBS deputy director Wang Guanhua said on a televised forum that in 1H new growth drivers — led by high-end manufacturing, the digital-intelligence economy and modern services — accounted for over 40% of economic growth, and have become key support fo

2026-07-29

NBS deputy director Wang Guanhua said on a televised forum that in 1H new growth drivers — led by high-end manufacturing, the digital-intelligence economy and modern services — accounted for over 40% of economic growth, and have become key support for keeping the economy stable amid complex conditions. He said the rapid expansion of new industries and business models reflects years of focused efforts on core technology breakthroughs, deeper tech-industry integration, industrial upgrading and cultivation of innovative firms, not a short-term windfall. He added that traditional sectors such as refining and chemical fiber are also regaining momentum through smart upgrades, new processes and products diversification. China’s growth is shifting toward an innovation-driven, high-quality development path.