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China's high-tech manufacturing shows strong performance in first 9 months: NBS

China

China

China

China's high-tech manufacturing shows strong performance in first 9 months: NBS

2025-10-20 17:07 Last Updated At:22:57

China's high-tech manufacturing sector showed good momentum of growth in the first three quarters, reflecting the success of investments to expand new quality productive forces in the country, according to data released by the National Bureau of Statistics (NBS) on Monday.

In the first nine months, the value added of high-tech manufacturing enterprises above the designated size (those with an annual main business turnover of at least 20 million yuan) increased 9.6 percent year on year.

The added value of the integrated circuit manufacturing and electronic special materials manufacturing industries grew 22.4 percent and 20.5 percent respectively, while the output of industrial robots, 3D printing equipment, and industrial control computers and systems rose 29.8 percent, 40.5 percent, and 98.0 percent respectively.

China has continued to increase investment in innovation, promote investment and expansion in emerging fields.

From January to September, investment in the automotive manufacturing industry, railway, shipping, aerospace and other transportation equipment manufacturing industries maintained double-digit growth year on year.

During the same period, the value added of digital product manufacturing enterprises above the designated size rose 9.7 percent year on year. The value added of information transmission, software and information technology services expanded 11.2 percent year on year.

The added value of intelligent unmanned aerial vehicle (UAV) manufacturing and intelligent vehicle-mounted equipment manufacturing surged 59.9 percent and 25.1 percent respectively.

The application of large models has driven up the demand for computing power in enterprises, with server production increasing 11.5 percent year on year.

The pace of green transformation was steady, and the output of new energy products such as new energy vehicles and solar cells grew rapidly during the nine months.

Traditional industries have accelerated equipment renewal and technological upgrading, while the chemical fiber and construction materials industries have been speeding up the introduction of new products, with notable results.

"All regions have been fostering new quality productive forces in a comprehensive way, aligning with local conditions and promoting continuous optimization of the economic structure and orderly transformation from old growth drivers to new ones . From large AI models and robot marathons to the aerospace sector and self-driving vehicles, the innovation chain and industrial chain has been deeply integrated, and the advantages of the scale effect and the entire industrial chain have been continuously highlighted, constantly injecting fresh impetus into economic development," said Fu Linghui, spokesman for the National Bureau of Statistics.

China's high-tech manufacturing shows strong performance in first 9 months: NBS

China's high-tech manufacturing shows strong performance in first 9 months: NBS

The Trump administration on Friday expanded its sanctions targeting Iran's oil trade and maritime networks, issuing a new Iran-related general license and updating its Specially Designated Nationals (SDN) list with entities and oil tankers tied to Iran's petroleum sector.

The Iran-related General License T, issued by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), authorizes "limited safety and environmental transactions and the offloading of cargo involving certain persons or vessels blocked on January 23, 2026."

Meanwhile, OFAC updated its SDN list, adding multiple shipping companies and nine oil tankers in alleged links with Iran. The move is expected to effectively block their U.S. property and prohibit U.S. citizens from engaging in transactions with them.

"OFAC is targeting nine shadow fleet vessels and their respective owners or management firms that have collectively transported hundreds of millions of dollars' worth of Iranian oil and petroleum products to foreign markets," the Treasury Department said Friday in a press release.

"As previously outlined, Treasury will continue to track the tens of millions of dollars that the regime has stolen and is desperately attempting to wire to banks outside of Iran," said Treasury Secretary Scott Bessent on X.

The move came after a series of U.S. sanctions and other measures adopted earlier this month, seen as part of a broader U.S. effort to cut off funding streams supporting Tehran amid ongoing tensions.

U.S. expands sanctions targeting Iran's oil trade, maritime networks

U.S. expands sanctions targeting Iran's oil trade, maritime networks

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