China's industry contributed about 35% of growth in first three quarters, ministry says
In short
Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, said at a State Council Information Office press conference on 20 October that value added of industry above designated size grew 5.3% year on year in the first three quarters. He said industry's contribution to economic growth stayed at around 35%. Digital industry revenue rose 14.6%.
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Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, said on 20 October that value added of industry above designated size rose 5.3% year on year in the first three quarters. He spoke at a press conference held by the State Council Information Office on industrial and IT development in the first three quarters of 2026. Wang said industry's contribution to economic growth stayed at around 35%. [ 1 , 2 , 3 , 4 , 6 ]
According to CLS, Jiemian and China News Service, Wang also said that total profits of industrial enterprises above designated size rose 15.7% year on year in the first eight months. He said the digital industry developed faster, with revenue up 14.6% year on year. 36Kr and Jiemian attributed their reports of the main figures to CCTV News and Xinhua respectively; Xinhua's own item carried a headline on the 35% contribution. [ 1 , 2 , 3 , 4 , 5 , 6 ]
Why it matters
The figures come from an official briefing on industrial and IT development and were carried by business, tech and official outlets. The documents give no further analysis of what they mean for the wider economy.
Key facts
- Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, spoke at a press conference held by the State Council Information Office on 20 October. [ 1 , 2 , 3 , 4 , 6 ]
- In the first three quarters, value added of industry above designated size rose 5.3% year on year. [ 1 , 2 , 3 , 4 , 6 ]
- Industry's contribution to economic growth stayed at around 35%. [ 1 , 2 , 3 , 4 , 5 , 6 ]
- In the first eight months, total profits of industrial enterprises above designated size rose 15.7% year on year. [ 2 , 4 , 6 ]
- Digital industry revenue rose 14.6% year on year, which Wang described as faster development of the digital industry. [ 2 , 4 , 6 ]
Confirmed by several sources
- Industry's contribution to economic growth stayed at around 35% in the first three quarters, according to the ministry's chief engineer. [ 1 , 2 , 3 , 4 , 5 , 6 ]
- Value added of industry above designated size grew 5.3% year on year in the first three quarters. [ 1 , 2 , 3 , 4 , 6 ]
- Profits of industrial enterprises above designated size rose 15.7% year on year in the first eight months, and digital industry revenue rose 14.6%. [ 2 , 4 , 6 ]
Still unclear
- Whether the 14.6% digital industry revenue growth and the 15.7% profit growth cover the same period as the 5.3% output figure. The documents give the profit figure for the first eight months and the output figure for the first three quarters, and do not state the period for the digital industry revenue figure.
- The full text of Wang's remarks and the other topics at the press conference. The documents are short items and carry only these headline figures; the Xinhua item has a headline only.
What local media are saying
Timeline, local time
- 36Kr published an item on industry's contribution to growth. [ 1 ]
- CLS published the ministry figures, including digital industry revenue growth. [ 2 ]
- Jiemian published two items on the press conference. [ 3 , 4 ]
- Xinhua published an item on industry's contribution to growth. [ 5 ]
- China News Service published the full set of figures. [ 6 ]