In the first two months of this year, the added value of China's equipment manufacturing industry and high-tech manufacturing industry increased by 10.6% and 9.1% year-on-year, strongly supporting the industrial economy to achieve steady and favorable development. According to the latest data from the China Machinery Industry Federation, the growth rates of added value in three major manufacturing industries, including General Equipment, Autos, and electrical machinery and equipment, from January to February were 9.5%, 12%, and 12% respectively, which were higher than the national industrial added value growth rate, significantly supporting industrial growth. Moreover, in the first two months of this year, among the 122 major products monitored in the machinery industry, 88 products achieved a year-on-year increase in output, accounting for 72.1%, setting a new record.