China's Ministry of Industry and Information Technology said value added of high‑tech manufacturing by industrial enterprises above designated size rose 14.3% YoY in the first three quarters of 2026. Equipment manufacturing's share of industrial valu

2026-10-20

China's Ministry of Industry and Information Technology said value added of high‑tech manufacturing by industrial enterprises above designated size rose 14.3% YoY in the first three quarters of 2026. Equipment manufacturing's share of industrial value added was up 0.8 ppt from end‑2025; industrial enterprises above designated size reported total profit growth of 15.7% YoY in the first eight months and digital industry revenue rose 14.6% YoY. Through Q3 China completed about 13,000 advanced smart factories and 500+ example smart factories; domestic compute capacity and adaptation to large AI models have strengthened, producing 1,000+ application scenarios across 20 sectors including steel, autos and pharmaceuticals and the rollout of more than 100 industrial AI agents capturing experienced operators' expertise.