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Innovation becomes new growth engine

By Cheng Yu | China Daily | Updated: 2018-06-20 07:10

The industrial and telecommunications segment has maintained a momentum of steady and sound growth with innovative industries driving new growth engines.

Some promising signs can be found in the growth momentum of an array of emerging innovative sectors as data from the National Bureau of Statistics showed that sales of new energy vehicles, integrated circuits and industrial robots grew 56.7 percent, 17.2 percent and 35.1 percent year-on-year respectively in May.

Mao Shengyong, the bureau's spokesman, noted that new driving forces have grown vigorously with the deep promotion of supply-side structural reform, providing favorable support to industrial growth.

Innovation becomes new growth engine

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