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Tax data reveals 13.9 pct surge in China's high-tech industry sales in 2025

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China

Tax data reveals 13.9 pct surge in China's high-tech industry sales in 2025

2026-02-01 19:33 Last Updated At:02-02 12:49

⁠⁠⁠⁠⁠⁠⁠China's high-tech sector demonstrated robust expansion in 2025, with sales revenue climbing 13.9 percent year on year, according to the latest tax data released by the State Taxation Administration.

The data shows sales revenue in high-tech manufacturing grew 10.1 percent over the previous year while that in high-tech services surged 16.6 percent.

Strategic emerging industries, including next-generation information technology, biotechnology, and new energy, formed key growth pillars throughout the year.

A vivid illustration of this trend emerged in Wuhan, the capital city of central China's Hubei province, where optical module manufacturer Wuhan Huagong Genuine Optics Technology has ramped up production to meet surging global demand for data center components.

The company has recently launched a new generation of high-speed, low-power optical modules critical for AI-driven computing infrastructure, with its overseas revenue jumping nearly 200 percent year on year in 2025.

"Our products are exported to North America, Europe, the Middle East, and the Asia-Pacific region. We have already positioned ourselves on the most advanced optical module technology roadmap and will further increase our innovation investment, striving to achieve a five- to 10-fold growth target this year," said Xu Qijian, deputy general manager of the company.

Hubei Province has emerged as a national photonics powerhouse, with the scale of its optoelectronic information industry surpassing 1 trillion yuan (about 144 billion U.S. dollars) in 2025. The province is now home to over 17,000 optoelectronic information enterprises, including two with annual revenues exceeding 100 billion yuan (about 14.38 billion U.S. dollars), and 11 surpassing 10 billion yuan, creating a dynamic ecosystem where industry leaders and small and medium-sized enterprises (SMEs) advance in tandem.

"In 2025, key industries in Hubei Province, including optical communications and lasers, integrated circuits, new display devices, and smart terminals, recorded invoiced sales totaling 579.24 billion yuan (about 83.29 billion U.S. dollars), with the optical communications and laser sector accounting for the largest share and posting a year-on-year growth of 20.4 percent," said Liu Qunxiang, an official with the Hubei provincial taxation bureau.

Nationally, several high-tech subsectors delivered standout performances in 2025, with sales revenue in lithium-ion battery manufacturing, integrated circuit production and biopharmaceutical manufacturing soaring 25.1 percent, 19.2 percent and 7.7 percent year on year, respectively.

Tax data reveals 13.9 pct surge in China's high-tech industry sales in 2025

Tax data reveals 13.9 pct surge in China's high-tech industry sales in 2025

Chinese President Xi Jinping is about to present China's Friendship Medal to Serbian President Aleksandar Vucic at a ceremony held at the Great Hall of the People in Beijing on Monday.

Friendship Medals, the highest state honor to foreigners, are presented to foreign friends who have made outstanding contributions to China's modernization drive, promoting exchange and cooperation between China and the world, and safeguarding world peace.

At the invitation of Xi, Vucic is on a state visit to China from Sunday to Thursday.

Xi to present Friendship Medal to Serbian president

Xi to present Friendship Medal to Serbian president

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