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Last updated at: (Beijing Time) Wednesday, April 16, 2003

Information Industry Output Highlighted in China's GDP

The output value of China's information industry is expected to account for four to seven percent of the annual gross domestic product (GDP) in the 10th Five-Year Plan period (2001-2005).


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The output value of China's information industry is expected to account for four to seven percent of the annual gross domestic product (GDP) in the 10th Five-Year Plan period (2001-2005).

The figure was released Tuesday by Liu He, deputy director of the information office of the State Council at an information forum held in Hangzhou, the capital of east China's Zhejiang Province.

According to Liu, China is among the world's leaders in terms of the number of telephone users, phone networks and mobile phone networks.

He said China's information industry is capable of competing with its foreign rivals, considering the progress in software and system integration research and development as well as the accelerated promotion of information technologies.

In 2002, the information industry of Zhejiang alone reported a sales volume of 108 billion yuan (13 billion US dollars), which was 4.5 percent of the provincial GDP.

As one of the country's pilot cities in information technology, Hangzhou has established an information sharing network among the city's industrial sectors and its trade administration, taxation, customs and quality control departments.

"The market, along with entrepreneurs and business operators, should be the main impetus to drive the development of the information industry," Liu said.


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