Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's information technology industry grows fast

February 22, 2017


Abstract : The output of China's information technology industry expanded 10 percent year on year in 2016, thanks to strong performance of smart phones, routers and LCD panels, an official said Tuesday.

BEIJING, Feb. 21 (Xinhua) -- The output of China's information technology industry expanded 10 percent year on year in 2016, thanks to strong performance of smart phones, routers and LCD panels, an official said Tuesday.

The growth rate was 4 percentage points higher than the rate of overall industrial expansion last year, according to Zhou Zixue, deputy head of China Information Technology Industry Federation.

China's industrial output expanded 6 percent year on year in 2016, the National Bureau of Statistics data showed.

Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual turnover of at least 20 million yuan (about 2.9 million U.S. dollars).

Gross profit of the information technology industry surged 16.1 percent year on year in 2016, Zhou said at a meeting, without providing further details.

But Vice Minister of Industry and Information Technology Chen Zhaoxiong said China will put more strength behind artificial intelligence, Internet of vehicles quantum computing.

Scan the QR code and push it to your mobile phone

Keyword: China IT-industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial