The inspection and testing industry development in the first quarter is steady and improving

On 29/04/2025, the State Administration for Market Regulation (SAMR) issued an update regarding The inspection and testing industry development in the first quarter is steady and improving. The overall market sentiment index rose to 100.4, with most sub-indices remaining stable or slightly increasing, indicating a positive trend in the industry. The cost index showed a decline in eight areas, indicating lower operational costs for institutions, while the revenue index decreased due to increased sensitivity of demand to prices, and the development potential index indicated growing support for new industries through advanced technology.