China's State Administration of Taxation reports that equipment manufacturing sales rose 8.3% year-on-year in January-November

At a regular press conference held on the 8th, the State Administration of Taxation announced that from January to November this year, the promotion of high-quality development of China's manufacturing industry accelerated, and the manufacturing industry made remarkable progress in terms of high-end, smart and green manufacturing.
According to the latest value-added tax invoice data, the high-end manufacturing industry has accelerated. Sales of equipment manufacturing industry in the January-November period increased 1.5% year-on-year.
The figure increased by 8.3%. In particular, the computer and communications equipment manufacturing industry saw a 12.3% increase, and the measuring instrument and equipment manufacturing industry saw a 10.3% increase, indicating that the manufacturing industry is becoming more high-end.
At the same time, the smart manufacturing industry has also accelerated. An official from the State Administration of Taxation said, "With the implementation of large-scale equipment upgrades, the amount of automated equipment purchased by manufacturing companies has increased by 14.2% compared to the same period last year."
"In addition, the amount of digital technology purchased by manufacturing companies increased by 11.2% year-on-year, further deepening the integration of digital technology and manufacturing.