The added value of Zhejiang's manufacturing industry, the core industry of the digital economy, increased by 12.1 percent year-on-year, 2.4 times the growth rate of all industries above designated size, in the January-November period last year, according to the provincial authorities.

The added value of the high-tech manufacturing, strategic emerging industries, equipment manufacturing, high-tech industries, high-end equipment and other industries increased by 13.3 percent, 11.1 percent, 7.0 percent, 6.8 percent and 6.4 percent year-on-year respectively, higher than that of industries above designated size.

From January to November 2022, the output of green intelligent products such as new energy vehicles, charging piles, industrial control computers and systems, solar cells, wind turbines increased by 158.9 percent, 104.5 percent, 68.0 percent, 60.0 percent and 37.5 percent year-on-year respectively.

Zhejiang's total R&D investment in 2021 was 215.77 billion yuan ($31.31 billion), the fourth highest in China. The intensity of R&D investment reached 2.94 percent, ranking sixth in China.