Electronics and software industry revenues in China exceeded $ 2.3 trillion



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(MENAFN – Bahrain Times) Source:

    Tianjin – dpa

Dated:
July 22, 2019

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.

According to the Xinhua News Agency, Wang Xui Dong, chairman of the Chinese Association of Information Technology, said the electronics industry had generated a turnover of business of 10.6 billion yuan, up 9%, and 6.3 billion yuan, an increase of 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.

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