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Home >> Business
UPDATED: 09:04, December 29, 2005
Ministry of Information Industry drafts plan for next five years
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The Ministry of Information Industry (MII) has completed a draft plan for the 11th Five-Year Plan Period (2006-2010).

By the year 2010, the added value in the Chinese information industry will hit 2.26 trillion yuan, accounting for 10 percent of the GDP.

The share of the exports of electronic products in the nation's total will be maintained around 35 percent. There will be one billion telephone users and 200 million Internet users. Telephone and Internet will be available for all villages nationwide, according to Wang Xudong, the Minister of Information Industry.

Wang said, in the plan, software, integrated circuit and components of new types are listed as core basic industries.

The government will offer substantial assistance for the development of software and integrated circuit industries.

Enterprises will be guided to pay more attention to R&D, brand building and international business.

The government will strengthen coordination with departments concerned, give more policy support for major transnational mergers as well as speed up cultivating China��s own multinationals.

Talking about 3G (third generation) mobile telecom services, Wang said China will integrate the development of 3G with deepening telecom reform, optimizing competition, improving monitoring policy, promoting the industrialization of technologies to which China has its own intellectual property rights and forming new industrial chain, so as to formulate relevant policies and ensure quality services for Beijing 2008 Olympic Games.

By People's Daily Online


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