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Industry

China's fixed-assets investment in electronic info manufacturing sector up 14.6pct in Jan-May

July 19, 2018


Abstract : In the first five months of this year, China's fixed assets investment in electronic information manufacturing sector increased by 14.6 percent year on year, 0.4 percentage point higher than that in January to April.

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BEIJING, July 18 (Xinhua)-- China's fixed-assets investment in electronic information manufacturing sector in the first five months of this year increased by 14.6 percent year on year, 0.4 percentage point higher than that in January to April, according to the statistics released by the Ministry of the Industry and Information Technology.

Among them, the integrated circuit manufacturing industry has a good investment momentum driven by emerging markets such as automotive electronics and artificial intelligence, with a year-on-year increase of 28.1 percent.

From January to May, the added value of China's above-scale electronic information manufacturing industry increased by 12.8 percent year on year, 0.2 percentage point higher than that of January-April.

In May alone, the added value of China's above-scale electronic information manufacturing industry increased by 13.5 percent. Industrial insiders said that the investment and production growth rate of the electronic information manufacturing industry maintained a leading level in various industrial sectors, and the overall operation of the industry remained stable, laying a solid foundation for the sustainable and healthy development of the industry throughout the year. (Edited by Ma Xin, maxin11@xinhua.org)

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Keyword: manufacturing information electronic

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