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China's telecom sector registers steady growth in H1

July 23, 2020


Abstract : China's telecommunications industry reported steady growth in the first half of this year, data showed.

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BEIJING, July 23 (Xinhua) -- China's telecommunications industry reported steady growth in the first half of this year, data showed.

The combined revenue of the sector reached 692.7 billion yuan during the period, up 3.2 percent year on year, according to the Ministry of Industry and Information Technology.

In breakdown, revenue from fixed-line communications of the three telecom giants, including China Telecom, China Mobile and China Unicom, totaled 236.3 billion yuan in the period, rising 12 percent year on year.

Their revenue from data and internet business saw stable growth during the period, contributed the lion's share of the increase in the sector's business revenue, said the MIIT.

The steady growth of the sector's business revenue indicated that China's economic recovery and the development of new application and new formats of industries are gaining steam, said Huang Libin, spokesperson with the MIIT.

(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@Xinhua.org)

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Keyword: telecom

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