National Bureau of Statistics: Digital Economy Development Shows Positive Momentum, Driving Synchronized Improvement Across Industrial Chain

MetaMuskRat · 2026-03-16T03:20:20+00:00

On March 16th, at a State Council Information Office press conference, the National Bureau of Statistics stated that by early 2026, the economy was operating well, with technological and industrial innovation driving the development of the digital economy. The output value of computers and electronic devices increased by 14.2%, and the chemical industry also grew by 7.6%. Artificial intelligence and new energy equipment are accelerating their development, promoting synchronized improvement across upstream and downstream industries.

MetaMuskRat

2026-03-16 03:20:20

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People’s Financial News, March 16 — Today (March 16) at 10 a.m., the State Council Information Office held a press conference to introduce the economic performance of the national economy in January and February 2026. The spokesperson from the National Bureau of Statistics stated that the good start to the economy in January and February is closely linked to the cultivation of new quality productivity and the growth of new driving forces. Deep integration of technological innovation and industrial innovation, accelerated expansion of “Artificial Intelligence+” initiatives, and positive development of the digital economy have all contributed to the simultaneous improvement of the upstream and downstream of the industrial chain. In January and February, the added value of the computer, communication, and other electronic equipment manufacturing industries increased by 14.2% year-on-year. The rapid growth of the electronics industry has driven the growth of related upstream raw material industries, especially the chemical industry. From January to February, the added value of chemical raw materials and chemical products manufacturing increased by 7.6% year-on-year, maintaining rapid growth. Additionally, with the development of artificial intelligence and increased demand for computing power, the upstream energy sector has experienced a noticeable boost. In January and February, the added value of the electricity, heat production, and supply industries grew by 5.1% year-on-year, accelerating by 4 percentage points compared to December of the previous year. The new driving forces have strengthened the overall upstream and downstream industry chain. Furthermore, with the promotion of green transformation, the production of new energy equipment has accelerated significantly, with many new energy equipment products maintaining high-speed growth, injecting new momentum into economic growth. (CCTV News)

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