BCN-24 China’s electronic manufacturing, software industry revenue hits 16 tln yuan in 2018

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ZCZC

BCN-24

CHINA-ELECTRONIC-MANUFACTURING

China’s electronic manufacturing, software industry revenue hits 16 tln
yuan in 2018

TIANJIN, July 21, 2019 (BSS/Xinhua) – Revenue of China’s electronic
manufacturing industry and software industry exceeded 16 trillion yuan (2.3
trillion U.S. dollars) in 2018, said industry authorities.

Wang Xudong, president of the China Information Technology Industry
Federation, said that last year, the electronic manufacturing industry
obtained 10.6 trillion yuan in revenue, up 9 percent, while the revenue of
the software industry reached 6.3 trillion yuan, with an increase of 14.2
percent compared with last year.

From January to May this year, revenue of the software industry saw an
increase of 14.7 percent.

China’s electronic information industry is currently being transformed and
upgraded, but there is still a long way to go to achieve high-quality
development, Wang said.

BSS/XINHUA/HR/1455