Value-added output of electronic information sector grows 16.9 pct in 2010

22:03, February 11, 2011      

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The value-added output of China's large electronic information manufacturers grew 16.9 percent year on year in 2010, the Ministry of Industry and Information Technology (MIIT) said on Friday.

The growth rate was 11.6 percentage points higher than the same period in 2009, the MIIT said in a statement posted on its website. The ministry did not file a figure for value-added output.

The rise was attributed to the government's stimulus measures and its recovery in exports. According to the statement, revenues of large electronic information manufacturers, that is, companies with annual sales in China in excess of 5 million yuan, rose 24.1 percent year on year to 6.36 trillion yuan (964.9 billion U.S. dollars) last year.

Profits totaled 282.5 billion yuan during the period, up 57.7 percent year on year. Imports and exports of electronic information products also increased 31.2 percent year on year to 1.012 trillion U.S. dollars.

China's electronic information manufacturers include producers of mobile phones, personal computers, television sets, digital cameras, electronic components and home appliances.

Source: Xinhua
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