China becomes world's third biggest hi-tech producer

Home>>Business

Last updated at: (Beijing Time) Wednesday, February 04, 2004

China becomes world's third biggest hi-tech producer

DISCUSSION

CHINESE

SEND TO FRIEND

China has developed the third largest manufacturing industry of electronic and information technology (IT) products in the world, the State Development and Reform Commission (SDRC) of China announced Tuesday.

China's electronic and IT manufacturing industry reaped a total sales revenue of 1.88 trillion yuan (227 billion US dollars) in 2003, increasing 34 percent over the previous year.

In the same year, China exported 110 billion US dollars worth of hi-tech products, increasing 63 percent over one year ago and accounting for more than one quarter of the country's total exports.

The SDRC said China's hi-tech product exports registered a historical turn-around as it had seen consecutive monthly surplus of trade since last October.

China now has become the largest producer of program controlled telephone switches, mobile phone handsets, color TV and color monitors in the world, accounting for 30-55 percent of the total global output. A major part of these products are exported to other parts of the world.

Questions?Comments? Click here

China--made large CPU chip finishes testing

China, India to drive Asia's IT comeback in 2004: IDC

Weapons maker becomes China's 4th biggest auto producer

Chirac warns Taiwan of referendum ( 13 Messages)

Japanese top official maintains Iraq has WMD ( 3 Messages)

Bush sets re-election tone in State of Union address ( 9 Messages)

France Turns Eiffel Tower Red Before Hu Visit ( 24 Messages)

Security Council members hail Annan's decision to send team to Iraq ( 2 Messages)