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China's electronic information manufacturing industry posts steady growth in Jan-Oct

China

China

China

China's electronic information manufacturing industry posts steady growth in Jan-Oct

2025-12-01 17:19 Last Updated At:23:57

China's electronic information manufacturing sector posted rapid production growth in the first 10 months of 2025, with steady profit expansion year on year, according to the Ministry of Industry and Information Technology.

The value-added industrial output of companies above the designated size (those each with an annual main business turnover of at least 20 million yuan or 2.8 million U.S. dollars) in the sector rose 10.6 percent year on year in the 10-month period, which was 4.5 percentage points higher than that of the overall industrial sector and 1.3 percentage points higher than that of the high-tech manufacturing sector.

Judged by its overall development, the industry saw good results in both production and efficiency during the January-October period, which indicates stable advantages of China's industry chains and supply chains, as well as the strong support for growth from breakthroughs in the development of core technologies and optimization of the industrial structure, said the ministry.

From January to October, mobile phone production reached 1.25 billion units, including 1.02 billion smartphones, a year-on-year increase of 0.7 percent. A total of 386.6 billion units of integrated circuit were produced, a year-on-year increase of 10.2 percent, marking a steady increase in the production capacity of core components.

During the 10-month period, the combined operating revenue of the electronic information manufacturing companies above the designated size rose 8.3 percent year on year to 14 trillion yuan (about 1.98 trillion U.S. dollars), and the combined profits of these companies increased by 12.8 percent year on year to 570 billion yuan (about 80.5 billion US dollars).

The operating profit margin of the above-mentioned companies reached 4.07 percent in the period, 0.1 percentage point higher than that of the first nine months.

China's electronic information manufacturing industry posts steady growth in Jan-Oct

China's electronic information manufacturing industry posts steady growth in Jan-Oct

Iran's Islamic Revolutionary Guard Corps (IRGC) announced Wednesday it had launched the 89th wave of Operation True Promise 4, carrying out strikes against U.S. and Israeli targets in the region.

The IRGC said in a statement that Iran and various resistance fronts, through coordinated operations, used heavy missiles, attack drones, and rockets to strike U.S. military bases and Israeli targets.

The statement said the operation targeted Israeli military facilities and assembly points in Eilat, Tel Aviv, Bnei Brak, and other locations, and claimed that, according to local sources, it had caused significant Israeli casualties.

The IRGC also stated that it had hit a location in Bahrain housing 80 U.S. troops, and Iranian ballistic missiles struck a U.S. helicopter formation at a base in Kuwait, destroying one helicopter and damaging others.

Iran launches new round of attacks on US, Israeli targets

Iran launches new round of attacks on US, Israeli targets

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