In the first two months, China's industrial economy got off to a good start.

NightAirdropper · 2026-03-20T23:36:20+00:00

This year, China's industrial growth rate has shown a marked rebound, with 35 industries achieving growth in the first two months, reaching a growth rate of 85.4%. Equipment manufacturing and the electronics industry have performed outstandingly, consumer goods manufacturing has steadily recovered, and industrial product exports have significantly accelerated.

NightAirdropper

2026-03-20 23:36:20

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CCTV News (News Broadcast): Since the beginning of this year, China has accelerated the cultivation and expansion of new drivers of growth. In the first two months, industrial growth has significantly rebounded, with most industries and products showing increased production, marking a good start for the industrial economy.

In the first two months, China’s industrial production has clearly accelerated, with value added increasing in 35 out of 41 major industrial sectors, covering 85.4% of the sectors.

The leading role of new drivers of growth has further strengthened. All eight sectors within the equipment manufacturing industry saw growth in value added. Among them, driven by domestic substitution and accelerated computing power deployment, the electronics industry grew by 14.2%, contributing 20.6% to the growth of all above-scale industrial sectors. Benefiting from industry transformation and upgrading, equipment renewal, and faster robot production, the general equipment sector grew by 8.9%, accelerating by 1.4 percentage points.

Additionally, the manufacturing of consumer goods is steadily recovering. Industrial exports have increased significantly, with major industries showing clear improvement. In the first two months, industrial enterprises above designated size achieved export delivery values of 2.4 trillion yuan, a year-on-year increase of 6.3%, the highest since April last year. Notably, the export performance of the equipment manufacturing sector has been impressive, with export delivery values for railways, ships, aerospace, and automobiles increasing by 32.1% and 27.7%, respectively.

【Source: CCTV】

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