In the first quarter, the contribution rate of industry to macroeconomic growth reached 36.3%.

CCTV.com2025-05-13

CCTV News: On April 18, the State Council Information Office held a press conference on the development of industry and information technology in the first quarter of 2025. Xie Shaofeng, chief engineer of the Ministry of Industry and Information Technology, introduced that the added value of industrial enterprises above designated size increased by 6.5% year-on-year in the first quarter, an increase of 0.8 percentage points from the fourth quarter of last year. The equipment manufacturing industry has developed well, especially the electronics, automobiles, electrical machinery and equipment industries, which have outstanding driving roles. In the first two months, the software and information technology service industry achieved revenue of nearly 1.9 trillion yuan. In the first quarter, the contribution rate of industry to macroeconomic growth reached 36.3%, and the role of "ballast stone" continued to play. Private industrial investment has maintained double-digit growth, corporate expectations have boosted and efficiency has improved, the number of industrial enterprises above the designated size has continued to increase, and the manufacturing purchasing managers index (PMI) has expanded for two consecutive months.

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