China's digital industry revenue up 12.9% in Q1

Home

China

World

Politics

Business

Sci-Tech

Health

Opinions

Video

Live

Radio

World Asia-Pacific Middle East Europe Americas Africa

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

/VCG

China's digital industry generated a revenue of 9.5 trillion yuan ($1.39 trillion) in the first quarter, up 12.9% from the same period last year.

The growth rate is 3.5 percentage points higher than the same period last year, data from the Ministry of Industry and Information Technology showed Thursday.

In the period, the digital industry achieved a total profit of 737.8 billion yuan, up 23.6% year on year, with the growth rate accelerating by 16.6 percentage points.

The number of 5G base stations in China topped 4.9 million by the end of March, per the data.

In the first three months of the year, the value-added industrial output of major companies in the electronic information manufacturing sector expanded 13.6% year on year, while the revenue of the software sector increased by 11.7% year on year.

Source(s): Xinhua News Agency

Open in CGTN APP for better experience

Search Trends