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China's electronic information industry is growing steadily

2022-12-03T16:32:40.750Z

BEIJING, SANA- Official data from China's Ministry of Industry and Information Technology revealed that the information industry sector is only



beijing-sana

Official data from China's Ministry of Industry and Information Technology revealed that the electronic information industry sector achieved steady growth in production during the first ten months of this year.

The data released today, according to Xinhua, indicated that the combined added value of major companies, each of which generates annual business revenues of not less than 20 million yuan, or about 2.8 million US dollars in this sector, rose by 9.5 percent year on year during the period. From January to last October.

The data showed that these companies also achieved during that period an increase of 6 percent year on year in relation to the total value of export delivery, in addition to a gradual recovery achieved by 8.4 percent on an annual basis in relation to total operating income, and that industry also recorded rapid growth in investment. Its investment in fixed assets increased by 20.8 percent year on year in the first ten months of this year, 10 percentage points higher than that recorded in the industry as a whole.

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Source: sena

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