China's Electronic Information Manufacturing Sector Records Steady Growth
Xinhua
DATE:  Oct 04 2022
/ SOURCE:  Xinhua
China's Electronic Information Manufacturing Sector Records Steady Growth China's Electronic Information Manufacturing Sector Records Steady Growth

(Yicai Global) Oct. 4 -- China's electronic information manufacturing industry logged steady expansion in terms of production, revenue, exports and investment during the January-August period, official data showed.

The added value of major firms in the sector rose 9.3 percent year on year during this period, 5.7 percentage points higher than the overall growth for all industries, according to the Ministry of Industry and Information Technology.

The combined operating revenue of these firms topped CNY9.5 trillion (USD1.3 trillion) in the first eight months, up 7.6 percent year on year, the data showed.

In the same period, the firms also reported a 6.2-percent year-on-year increase in total export delivery value, the ministry said.

China's major electronic information manufacturers are those with an annual main business revenue of at least CNY20 million (USD2.8 million) each.

Meanwhile, fixed-asset investment in the sector surged 18.7 percent year on year in the first eight months, 8.2 percentage points higher than that of all industries in the same period.

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Keywords:   Ministry of Industry and Information Technology,Electronic Information