Xinhua
24 Jan 2021, 17:14 GMT+10
BEIJING, Jan. 24 (Xinhua) -- China's high-tech industry registered fast expansion in 2020, with sales revenue up 14.7 percent year on year, according to the State Taxation Administration.
The industry's growth rate was 8.7 percentage points higher than the national average, according to Cai Zili, an official with the administration.
In breakdown, the high-tech service industry saw its growth rate exceed 20 percent year on year for nine consecutive months last year.
"High-tech services such as the internet, big data and artificial intelligence have further integrated with the manufacturing industry," Cai said.
The number of high-tech enterprises in China is estimated to reach 275,000 in 2020, more than three times the figure in 2015.
Get a daily dose of Beijing Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Beijing Bulletin.
More InformationPALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SAN FRANCISCO, California: Grammarly is doubling down on AI-powered productivity tools with the acquisition of Superhuman, a sleek...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
Bengaluru (Karnataka) [India], July 5 (ANI): Union Minister of Commerce and Industry Piyush Goyal, during an interactive session with...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...