[SMM PV Flash] Sichuan's H1 PV equipment and components manufacturing up 7.6% YoY

Published: Jul 24, 2026 11:42

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On July 22, a reporter learned from the Sichuan Provincial Tax Service of the State Taxation Administration that from January to June 2026, Sichuan Province's invoiced sales revenue maintained YoY growth, the industrial economy played an important supporting role in the province's economic growth, and the trend of manufacturing structure optimization and upgrading was evident.

Data provided by the Sichuan Provincial Tax Service showed that from January to June, the province's industrial invoiced sales revenue rose 6.9% YoY. By sector, manufacturing was up 7.6% YoY, mining was up 1.7% YoY, and electricity, heat, gas, and water production and supply was up 4.1% YoY.

Equipment manufacturing continued to develop. Its invoiced sales revenue from January to June accounted for 50.0% of the province's manufacturing total, up 5.8% YoY. Within this sector, electrical machinery and equipment manufacturing was up 7.1% YoY; the manufacturing of railway, ship, aerospace, and other transport equipment, instrumentation manufacturing, and computer, communication, and other electronic equipment manufacturing rose 47.1%, 13.6%, and 11.9% YoY, respectively. Clean energy equipment manufacturing, a key focus in Sichuan, grew 7.3% YoY, within which the manufacturing of PV equipment and components rose 7.6% YoY. Lithium-ion battery manufacturing increased 22.5% YoY, driving upstream basic chemical raw material manufacturing up 63.7% YoY. Deep-sea oil drilling equipment manufacturing surged 160.0% YoY.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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