When responding to reporters' questions regarding the national economic performance in the first three quarters of 2025, a spokesperson for the National Bureau of Statistics stated, "The effects of domestic demand expansion policies such as the ‘Two New’ and ‘Two Major’ initiatives continue to permeate the The effects of domestic demand expansion policies, such as the “Two New” and “Two Heavy” initiatives, continue to permeate the production sector. This has driven production in equipment manufacturing, consumer goods manufacturing, and related industries and products. Furthermore, it has spurred production expansion and technological iteration in areas like smart manufacturing, green manufacturing, and digital technology, pressing the “fast-forward button” for industrial structure optimization and the transition from old to new growth drivers.

In the first three quarters, the added value of industries above designated size—including lithium-ion battery manufacturing, shipbuilding and related equipment manufacturing, and electric motor manufacturing—grew by 29.8%, 22.9%, and 17.1% year-on-year, respectively. Output of upgrade-type products like CNC forging equipment and specialized packaging machinery increased by 11.7% and 26.0%, respectively, while production of replacement-type products such as new energy vehicles, electric bicycles, and tablet computers grew by 29.7%, 27.1%, and 9.5%.

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