Rapid development of electronic information manufacturing industry in China
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Beijing (Uttam Hindu News): According to the latest data from the Chinese Ministry of Industry and Information Technology, there was a big increase in the output of electronic information manufacturing industry in China from January to February this year. Exports and capacity improvements persisted, investment growth accelerated and regional revenue diversification became apparent.
According to the data, the added value of the electronic information manufacturing industry, with an annual revenue of more than 20 million yuan (Rs 23 crore), increased by 14.6 percent from January to February this year compared with the same period last year. The production of mobiles was 23 crore 40 lakh, of which the number of smartphones was 17 crore 20 lakh, which is 26.4 percent and 31.3 percent more respectively than the same period last year. The production of microcomputer devices was 4 crore 38 lakh 10 thousand and the production of integrated circuits was 70 billion 42 crore, whose growth rate was 16.5 percent.
At the same time, from January to February, the revenue of the electronic information manufacturing industry, with an annual income of more than 20 million yuan, was 21 trillion 40 billion yuan (247 trillion rupees), which is 8.2 percent more than the same period last year.
On the other hand, from January to February, China exported 19 million 80 thousand laptops, 124 million mobile phones and 39 billion 40 million integrated circuits, whose growth rates were seven percent, 12.8 percent and 6.3 percent respectively.
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