The latest data published by the National Bureau of Statistics shows that in May 2025, the national industrial added value above a designated size increased by 5.8% year-on-year, and industrial production continued to maintain rapid growth. This growth rate is not only higher than market expectations but also demonstrates that the Chinese manufacturing sector still shows strong resilience despite the complex external environment.

In fact, since the China-U.S. trade friction, the Chinese industrial <System> has withstood external shocks thanks to its complete industrial chain and continuous <Upgrade> and transformation. The “trade war” has not had a substantial impact on China’s real economy; Chinese Manufacturing continues to move forward steadily, and its competitive advantage in the global industrial chain is being continuously strengthened.

Behind the impressive industrial growth rate in May is the rapid growth support from key industries such as equipment manufacturing. For example, in May, the value added of the above-scale Equipment Manufacturing industry increased by 9.0% YoY, contributing to more than half of the industrial growth. The automotive, aerospace, electronics, and other domains have all achieved double-digit growth, reflecting a positive trend of Chinese manufacturing moving towards the mid-to-high end.

Accelerating Digital Transformation: Investment in the information service industry surged by 41.4%.

Economic resilience is reflected not only in the stable growth of Manufacturing <x1> yield</x1>, but also in the optimization of investment structure and the accelerated accumulation of new momentum. The interpretation of the national fixed asset investment data for January to May 2025 by Luo Yifei, the chief statistician of the Investment Division of the National Bureau of Statistics, shows that investment in high-tech industries is maintaining a quick growth momentum. Among them, investment in high-tech <Service> increased by 11.6% <YoY>, with the growth rate further accelerating compared to the first four months; in particular, investment in <Information> <Service> saw a significant increase of 41.4% <YoY>, while investment in professional technical <Service> grew by 11.9%. The impressive data indicates that investments in digitalization and informatization are becoming a new investment hotspot, and the digital transformation of Chinese enterprises has become a market consensus.

At the same time, the leap in investment in the information service industry reflects the urgent need for various industries to accelerate their layout in the digital economy. From an enterprise perspective, whether it is cloud computing, upgrading business systems, intelligent manufacturing, or expanding online services, a significant investment in the new generation of Information Technology and Services is required. This also explains why the investment growth rate in areas related to digital transformation is far higher than the average of traditional industries—many enterprises have realized that only by accelerating their <x1>digital intelligence transformation</x1> can they take the initiative in future competition.

The government is also actively guiding: The digital economy has been elevated to a national strategy height, with relevant standards and policies being introduced intensively. In June of this year, our country’s first national standard for infrastructure in the field of digital transformation—”Digital Transformation Management Reference Architecture”—was officially implemented, focusing on key issues such as “what to do, how to do it, and the route,” providing authoritative guidance for enterprises’ digital transformation. This policy was proposed by the Ministry of Industry and Information Technology, with dozens of leading domestic companies, including Kingdee, participating in its formulation. Whether it is the market investment direction or the national policy guidance, a clear signal is being conveyed—digital and intelligent transformation is an inevitable trend and a shared consensus.

Kingdee Cloud seizes the opportunity for innovation: Assist enterprises in their intelligent digital transformation upgrade.

The manufacturing industry is experiencing steady growth amidst a surging wave of digitalization. As a leader in the enterprise cloud services and management software domain, Kingdee consistently aligns with and leads the trends of the times. We continue to invest and innovate in cloud services, AI applications, intelligent manufacturing, and enterprise digital intelligence, dedicated to helping businesses embrace the digital economy and achieve high-quality development.

Kingdee Manufacturing Cloud deeply integrates digital technology with lean production, building applications that include lean planning, pull Kanban, lean execution, intelligent logistics, lean collaboration, and digital operations. It focuses on improving production efficiency and effectiveness for enterprises, creating an optimal digital production model in terms of delivery time, quality, cost, and efficiency, helping manufacturing companies achieve digital transformation.

So far, Kingdee has helped numerous high-end manufacturing enterprises such as Weichai Lovol, CRRC, and Swire Plane break through the customization bottleneck and achieve digital transformation. As the largest agricultural machinery equipment company in China, Weichai Lovol Intelligent Agriculture has partnered with Kingdee in recent years to explore new practices in digital transformation. They have successively carried out multiple collaborations on digital transformation projects, particularly the Weichai Lovol Intelligent Agriculture ERP reconstruction project, which completed a comprehensive upgrade of the ERP system, achieving management enhancement and serving as an excellent model for digital transformation.