A worker checks finished truck-mounted cranes at a manufacturer in Xuzhou, East China"s Jiangsu Province on August 17, 2026. According to China"s National Bureau of Statistics, the value-added of industrial enterprises above designated size grew by 4.5 percent year-on-year in real terms in July 2026. Photo: VCG

　　China"s economy remained largely stable in the first seven months of 2026 and continued to move toward innovation-driven, higher-quality development, with high-tech manufacturing and equipment manufacturing growing far faster than industry as a whole, official data released on Monday showed.

　　From January to July, the value-added industrial output of industrial enterprises above designated size expanded by 5.3 percent year-on-year, according to the National Bureau of Statistics (NBS). Value-added industrial output of equipment manufacturing grew 9.7 percent and high-tech manufacturing 13.8 percent, 4.4 and 8.5 percentage points faster than industry overall. Output of 3D printing equipment, lithium-ion batteries and industrial robots jumped 52.3 percent, 40.2 percent and 28.5 percent.

　　In July alone, value-added output of industrial enterprises above designated size rose 4.5 percent year-on-year, while high-tech manufacturing surged 16.9 percent, and digital product manufacturing climbed 17.3 percent, accelerating by 3.5 points. Equipment manufacturing grew 12.3 percent and made up 38.2 percent of industrial value added, up 2.6 points.

　　Other readings pointed to broad stability. The services production index rose 4.7 percent, retail sales of consumer goods and services 2.6 percent, and goods trade 17.3 percent. The consumer prices rose 0.9 percent.