Profits of major industrial enterprises in China's high-tech zones exceeded 10 trillion yuan in the first four months of this year, according to data from the Chinese Ministry of Industry and Information Technology (MIIT) published on Wednesday.
Profits reported by industrial enterprises above the designated size (with an annual main business revenue of at least 20 million yuan) stood at 10.26 trillion yuan from January to April, up 7.3 percent year-on-year.
The growth was down to the innovation-driven development and industrial agglomeration effect, according to the MIIT.
China has built 178 national high-tech zones, which gather 70 percent of the national manufacturing innovation centers and 80 percent of the national key laboratories and own about half of the invention patents in the country.
The new generation information technology industry in the Zhongguancun hi-tech zone in Beijing has already become a trillion-yuan level industrial cluster, and the revenue of optoelectronic information companies in the Wuhan East Lake High-tech Development Zone accounts for 50 percent of the country's total.
National high-tech zones are developing cutting-edge technology such as quantum information, humanoid robots and the next-generation Internet.
In the next stage, the national high-tech zones will improve innovation, promote high-level innovation platforms, strengthen original and disruptive scientific and technological innovation and pursue breakthroughs in key core technologies to continue playing a critical role in stabilizing growth and promoting transformation, according to the MIIT.
Profits of major industrial enterprises in China's high-tech zones exceed 10 trln yuan in first 4 months of 2025
