China's nationwide companies' sales grew relatively quickly in August - Chinese media

According to value-added tax (VAT) invoice data recently released by the State Administration of Taxation, the sales growth rate of companies nationwide in August increased by 0.9 percentage points compared to July.
The manufacturing industry maintained its development trend, with its sales growth rate exceeding that of all enterprises nationwide by 1.5 percentage points, accounting for 30.7% of total sales.
The industry is steadily becoming more high-end and digitalized, with sales in the equipment manufacturing industry increasing 7.4% in August compared to the same month last year, and sales in the digital product manufacturing industry increasing 9.6%.
In addition, sales of the national high-tech industry increased by 14.5% year-on-year, showing relatively rapid growth.
The company is accelerating its efforts to promote the in-depth application of artificial intelligence (AI) in smart manufacturing enterprises, and is continuing to invigorate the smart development of enterprises. In August, sales of industrial robots increased by 12.6% year-on-year.
The manufacturing of robots for special tasks increased by 52.9% year-on-year, and the manufacturing of robots for service consumption increased by 64.2% year-on-year. The potential of service consumption continued to be unleashed. In August, the demand for summer vacation travel and leisure activities
The growth trend in service consumption continued, supported by tourism activities. Of these, sales of travel agency services increased by 10.3%, leisure tourism and events increased by 16.9%, and gymnasium and stadium management increased by 10.3%.
Sales increased by 32.1%, food delivery services increased by 9.3%, and guesthouse services increased by 13%.