[The latest invoice data from the State Administration of Taxation shows that China’s economy has maintained stable operation and continued to improve in the first three quarters.] On October 23, invoice data from the State Administration of Taxation showed that China’s economy has operated steadily and improved in the first three quarters. In the third quarter, the development of industry, new energy industries, inter-provincial trade, and equipment investment has further improved compared with the second quarter. In the first three quarters, the sales revenue of industrial enterprises increased by 7.4% year-on-year, of which the third quarter increased by 7.8% year-on-year, 0.1 percentage point higher than the growth rate in the second quarter, continuing the rapid growth trend. The advanced manufacturing industry, represented by high-tech manufacturing and equipment manufacturing, has played a significant supporting role, and its quarterly growth rate has continued to increase. In the third quarter, the year-on-year growth rate was 12.3%, an increase of 3.4 percentage points from the second quarter. The development of new kinetic energy industries is accelerating, and artificial intelligence-related industries are speeding up. In the first three quarters, the sales revenue of core industries of the digital economy and intellectual property (patent)-intensive industries related to the development of new productivity increased by 9.1% and 13.1% respectively year-on-year. The growth rates in the third quarter were 9.9% and 14.4% respectively, which were 2.9 and 1.8 percentage points higher than the growth rates in the second quarter respectively. In particular, manufacturing industries such as integrated circuits and semiconductor device special equipment related to artificial intelligence grew by 77.9% and 35.9% respectively year-on-year in the third quarter, which was 6.4 and 9.3 percentage points higher than the growth rate in the second quarter.