According to the latest data released by the State Administration of Taxation, since this year, China's digital-reality integration has maintained a rapid development trend. The level of digital industrialization has improved markedly, investment in industry digitalization has increased, and data factor-driven effects have continued to show, injecting strong impetus into high-quality economic development. Value-added tax invoice data shows that in the first 11 months of this year, sales revenue from core industries in the national digital economy increased by 10% year-on-year, which is significantly faster than the overall growth rate of enterprises in the country. It reflects a marked increase in the level of digital industrialization in China. Among them, sales revenue from smart device manufacturing, electronic components and equipment manufacturing increased by 28.2% and 10.9%, respectively; sales revenue from the digital technology application industry, which mainly uses information technology applications such as AI big models, big data, and the Internet of Things, increased 14.3% year on year. In particular, Internet-related services and information technology services increased 16.1% and 15.2%, respectively. At the same time, investment in the digital transformation of the industry has increased. In the first 11 months of this year, the amount of digital technology purchased by manufacturing enterprises across the country, reflecting the digital investment in the manufacturing industry, increased 11.2% year-on-year. Among them, the amount of digital technology purchased in automobile manufacturing, general equipment manufacturing, computer communications, and other electronic equipment manufacturing increased by 25.5%, 19.7%, and 13.3%, respectively. Furthermore, data elements drive the flourishing development of new business formats. In the first 11 months of this year, sales revenue in the digital factor-driven industry increased 6.3% year over year. Among them, sales revenue from Internet platforms covering new forms of production and lifestyle such as online freight, takeout delivery, and online car-hailing increased 16.2% year-on-year; sales revenue from Internet retail and supply chain management services, which include live e-commerce and instant retail, increased 11.9% and 24.7%, respectively.

According to the latest data released by the State Administration of Taxation, since this year, China's digital-reality integration has maintained a rapid development trend. The level of digital industrialization has improved markedly, investment in industry digitalization has increased, and data factor-driven effects have continued to show, injecting strong impetus into high-quality economic development. Value-added tax invoice data shows that in the first 11 months of this year, sales revenue from core industries in the national digital economy increased by 10% year-on-year, which is significantly faster than the overall growth rate of enterprises in the country. It reflects a marked increase in the level of digital industrialization in China. Among them, sales revenue from smart device manufacturing, electronic components and equipment manufacturing increased by 28.2% and 10.9%, respectively; sales revenue from the digital technology application industry, which mainly uses information technology applications such as AI big models, big data, and the Internet of Things, increased 14.3% year on year. In particular, Internet-related services and information technology services increased 16.1% and 15.2%, respectively. At the same time, investment in the digital transformation of the industry has increased. In the first 11 months of this year, the amount of digital technology purchased by manufacturing enterprises across the country, reflecting the digital investment in the manufacturing industry, increased 11.2% year-on-year. Among them, the amount of digital technology purchased in automobile manufacturing, general equipment manufacturing, computer communications, and other electronic equipment manufacturing increased by 25.5%, 19.7%, and 13.3%, respectively. Furthermore, data elements drive the flourishing development of new business formats. In the first 11 months of this year, sales revenue in the digital factor-driven industry increased 6.3% year over year. Among them, sales revenue from Internet platforms covering new forms of production and lifestyle such as online freight, takeout delivery, and online car-hailing increased 16.2% year-on-year; sales revenue from Internet retail and supply chain management services, which include live e-commerce and instant retail, increased 11.9% and 24.7%, respectively.