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23

2024

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01

Policy Brief | MIIT: In 2023, the value added of industrial enterprises above designated size increased by 4.6% year on year.

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On the morning of January 19, the State Council Information Office held a press conference to present an overview of industrial and information‑technology development in 2023. At the event, officials noted that the industrial economy has generally shown a recovery and improvement trend, the information and communications sector is accelerating its growth, and high‑quality development is making solid progress. In 2023, the value added of industries above designated size increased by 4.6% year on year, up one percentage point from 2022. Both the number of provinces and industries recording growth expanded, while the ten key industries and ten major industrial provinces played an increasingly prominent role as stabilizers. Meanwhile, the manufacturing sector has maintained its position as the world’s largest for 14 consecutive years.

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