Sichuan's 'New New Three' Drive Q3 Growth
2026-10-30 18:36:40 by Queenie Tan
On October 20, it was learned at a press conference on Sichuan's economic performance in the first three quarters of 2026 that new growth drivers across the province are gaining momentum. Among the traditional "New Three" export categories, output of lithium-ion batteries and new energy vehicles rose by 94.7% and 44.9% year-on-year, respectively. Meanwhile, the "New New Three" sectors—represented by robotics, artificial intelligence, and innovative pharmaceuticals—have emerged competitively, with output of service robots, sensors, semiconductor discrete devices, and servers increasing by 51.8%, 43.1%, 23.1%, and 20.6% year-on-year, respectively.
Yang Zhigang, Deputy Director of the Sichuan Provincial Bureau of Statistics, noted that the province is currently in a critical phase of transitioning from old to new growth drivers. As traditional drivers undergo adjustment and redirection while emerging ones expand rapidly, sectoral differentiation has arisen as a transitional phenomenon amid structural restructuring. In the first three quarters, new growth drivers provided significantly stronger support for economic expansion, exhibiting three key characteristics:
Emerging industries are accelerating their development. The province is advancing the intelligent, green, and integrated transformation of its manufacturing sector, with high-tech industries leading growth and the green transition progressing steadily.
New products are showing robust growth momentum. Driven by the industrial shift toward innovation and sustainability, output of related products has achieved explosive growth.
Consumption in new business formats is thriving. Online consumption continues to unleash vitality, while brick-and-mortar retailers are expanding into livestreaming, community group buying, and instant retail, accelerating the transformation of consumption models.
Yang stated that in the next stage, efforts will be made to simultaneously stabilize existing economic capacity and expand incremental growth. This includes optimizing and upgrading traditional industries, fostering and strengthening emerging ones, balancing the pace of transformation with development quality, ensuring a smooth transition between old and new growth drivers, consolidating the economic foundation, and creating a powerful new engine for high-quality development.
【本篇文字部分内容由 AI 辅助写作,特此声明。Please note: the text in this article was created with the help of AI.】

