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China’s Q1 Digital Industry Revenue Hits RMB 9.5 Trillion, Up 12.9% YoY

2026-05-14

On May 14, 2026, the Ministry of Industry and Information Technology released its Q1 digital industry report. China’s digital industry maintained robust growth, achieving operating income of RMB 9.5 trillion in Q1, up 12.9% year-on-year—1.5 percentage points higher than the same period last year—serving as a core engine for stable growth. Among sub-sectors, software and information technology services led with revenue of RMB 3.8 trillion (+15.7% YoY); the electronic information manufacturing industry rose 11.3% YoY, driven by strong exports of photovoltaic products, smartphones and servers; internet platform enterprises saw 13.2% revenue growth, supported by AI, cloud computing and big data services. Growth is fueled by policy support, strong demand for enterprise digital transformation and explosive AI industry growth. Regional development follows an “eastern leadership, central/western catch-up” pattern. Analysts say the high growth is sustainable but warn of risks such as core technology bottlenecks and low-level redundant construction.

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