CNBC AI News – July 1, 2024 – The latest corporate tax filing data, concluded at the end of May, reveals a robust growth trajectory for key sectors of the economy. Companies operating in the digital economy, high-tech industries, and the robotics sector collectively saw their total operating revenue climb by 7.1% year-over-year, while their aggregate profits surged by 5.2%.
Delving deeper, the digital economy and its core industries reported a 5.9% increase in operating revenue and a 2.7% rise in profits. Notably, the information transmission, software, and information technology services segment stood out, with operating revenue and profits growing an impressive 11.5% and 13.2% respectively.
Among this dynamic group, thirteen leading enterprises, including prominent players in the tech space, demonstrated exceptional performance. These major companies experienced a significant uplift, with their combined operating revenue up 11.9% and profits jumping a remarkable 19.7% year-over-year.
The high-tech sector also exhibited strong momentum. Areas such as pharmaceutical manufacturing and aerospace recorded healthy gains, with operating revenue increasing by 8.9% and profits by 7.5%.
Within these advanced industries, scientific research and technical services were particularly strong performers, posting an 11.7% increase in operating revenue and a 7.5% gain in profits. The aerospace industry saw even more dramatic growth, with operating revenue up 10.5% and profits soaring by 26.3%.
The robotics industry is also on a clear upward trajectory. Over the past two years, the sector has averaged a 10.2% annual increase in operating revenue. In 2024 specifically, specialized robotics for challenging environments led the charge with a 28.4% revenue increase, followed by service and consumer robots at 12.4%, and industrial robots at 7%.
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