China's electronic information manufacturing industry maintained rapid growth in the first four months of the year, with production and exports both posting steady gains, according to the data released by the Ministry of Industry and Information Technology (MIIT), the China Central Television (CCTV) reported on Thursday.
From January to April, the value-added industrial output of major electronic information manufacturers rose 14 percent year on year, 8.4 percentage points higher than the overall industrial growth rate during the same period. Besides, the sector generated 5.88 trillion yuan (about 870 billion U.S. dollars) in operating revenue, marking a 15.7 percent increase compared with a year earlier.
Output of key products also expanded steadily, with smartphone production reaching 390 million units in the first four months, up 6.5 percent year on year.
In the same period, the sector's export delivery value increased 5.4 percent from a year earlier, 1.2 percentage points higher than the growth recorded in the first quarter.
In the January to April period, fixed-asset investment by major electronic information manufacturers rose 5.4 percent year on year, unchanged from the first-quarter pace and 2.9 percentage points higher than overall industrial investment growth.
China's electronic information manufacturing sector maintains rapid growth in first four months
