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Information Industry Ranks First Pillar in Shanghai
Shanghai industry realized a profit of 25.9 billion yuan from January to September, equaling the total of last year, among which 20% or more than 5 billion yuan is contributed by information industry. The information industry popped up to be the first pillar industry of Shanghai.
The gross output of Shanghai information industry from January to September values 77.9 billion yuan, accounting for 10% of the total. The former percentage in 1995 was 5.9%. For the first time in history that information industry took the first chair of Shanghai industry, surpassing the traditional pillar industries like auto, petrochemical and steel.
In recent years, Shanghai increased investment on information industrial infrastructure, set up software developing and incubating bases, carried out the matching preferential policies to boost the information industrialization and provided great support on capital and taxation, which all enabled the information industry to leap and bound at a range of 39% year on year.
"This year our information industrial production value could reach above 100 billion yuan. We hope by the year 2005, the proportion of information industry surpass 20%," said Jiang Yiren, deputy mayor of Shanghai City. (Panorama)
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