China Digital Industry Tops $3 Trillion | AI-Generated Image

China’s Digital Industry Revenue Exceeds $3 Trillion in First Half of 2026

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The Ministry of Industry and Information Technology placed first-half digital industry revenue above $3 trillion. This performance built on a 12.9 percent increase in the first quarter to 9.5 trillion yuan, or roughly $1.39 trillion. The digital industry also saw profits rise 23.6 percent in the first quarter, accelerating from the previous year, the ministry’s statistics showed.

According to the National Bureau of Statistics, profits in the chipmaking sector soared 2,579.5 percent in the first half amid the AI boom. The broader electronics industry registered a 97 percent profit increase, serving as a key driver for overall industrial growth. Major industrial enterprises recorded an 18.7 percent rise in profits to 4 trillion yuan during the period.

The Ministry of Industry and Information Technology further detailed that 5G base stations exceeded 4.9 million by the end of March. Electronic information manufacturing output expanded 13.6 percent in the first quarter while software revenue grew 11.7 percent. These infrastructure gains have underpinned the digital sector’s expansion.

A State Council Information Office assessment found that new growth drivers such as the digital economy contributed more than 40 percent to economic expansion in the first half. High-tech manufacturing value added climbed 13.3 percent, with electronic communication equipment up 17 percent. Artificial intelligence-related industries maintained growth rates above 30 percent, the briefing indicated.

The China Internet Network Information Center reported that digital consumption totaled 9.37 trillion yuan in the first half of 2025, making up 46.5 percent of household spending. Over 958 million digital consumers accounted for 85.3 percent of internet users at that time. This trend of integration has continued into 2026, supporting sustained revenue growth in the digital industry.

China’s tax revenue exceeded 10 trillion yuan in the first half of 2026, up 4.9 percent year on year, the State Taxation Administration said. The improving economy and digital momentum helped drive the fiscal performance. Industrial profits recovery also played a role in the broader positive indicators.

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Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.