Electronics and software industry revenues in China exceeded $ 2.3 trillion

The Chinese information technology industry has exceeded 16 trillion yuan (2.3 trillion US dollars) by 2018, according to the China Information Technology Industry Association.

"Last year, the electronics sector generated a turnover of 10.6 billion yuan, up 9%, against 6.3 billion yuan for software, an increase of 6.3%, "said Wang Xui-dong, chairman of the China Information Technology Industry Association. 14.2% compared to 2017.

From January to May of this year, revenues for the software industry increased by 14.7%. Wang pointed out that China's electronic information industry is in the process of transformation and development, but that China still has a lot to do for a high-quality development.