Jiaxing in East China's Zhejiang province reported steady economic growth in the first quarter. Among the 32 major industrial categories, the added value of 25 industries increased year-on-year, with a growth rate of nearly 80 percent.

Key industries such as specialized equipment, non-metallic minerals, general equipment, power supply, and computer and communications equipment recorded growth rates exceeding 13 percent, contributing more than 70 percent to the added value of industrial enterprises above designated size — enterprises with annual revenue of at least 20 million yuan (about $3 million).

Emerging sectors maintained faster expansion, with the added value of high-tech manufacturing, high-end equipment, core digital economy manufacturing, and equipment manufacturing rising by 17.7 percent, 12.9 percent, 12.4 percent, and 11.9 percent, respectively.

The city's digital sector stood out, as revenue from large-scale internet, software, and information technology services reached about 3.73 billion yuan, up 58.8 percent year-on-year, ranking first in the province.

A representative of the city's municipal bureau of economic and information technology said that the broad growth reflected both recovery and structural improvement, with stronger resilience and higher-quality development.

Private technology firms are also expanding rapidly. Jiaxing Qiniu Information Technology, a cloud service provider, reported annual revenue of around 1.77 billion yuan in 2025, with AI-related business accounting for nearly one-quarter, supported by growing demand for computing and data services.