According to CoinMeta, the latest invoice data from the State Taxation Administration shows that China's economy has been operating steadily in the first three quarters, continuing to improve. In particular, in the third quarter, industries such as manufacturing, new drivers of growth, inter-provincial trade, and equipment investment saw further improvement compared to the second quarter. The development of new driver industries has accelerated, with industries related to artificial intelligence also picking up speed. In the first three quarters, the sales revenue of core digital economy industries and intellectual property (patents)-intensive industries related to the development of new productive forces increased by 9.1% and 13.1% year-on-year respectively, with growth rates in the third quarter being 9.9% and 14.4% respectively, which is a 2.9 and 1.8 percentage point increase from the second quarter. Especially for manufacturing industries related to artificial intelligence, such as integrated circuits and specialized equipment for semiconductor devices, sales revenue increased by 77.9% and 35.9% year-on-year in the third quarter, representing a 6.4 and 9.3 percentage point increase from the second quarter.