Siena:China's electronic information manufacturing industry experienced substantial growth in the first eight months of the year. The value added by industrial enterprises in this sector, specifically those above the designated size, rose by 15.7% compared to the previous year.
According to Qatar News Agency, August showed even stronger performance, with a 17.2% year-on-year increase in value added by these enterprises. Notably, the production of integrated circuits reached 386 billion units, marking a 22.3% increase, while electronic component output was 6.2 trillion units, up by 13.1%.
On the foreign trade front, major companies in the sector saw an 8.2% rise in the value of export deliveries. Specifically, exports of lithium-ion batteries increased by 22.91% to 3.69 billion units, and household appliance exports rose by 5.1% to 3.15 billion units.
The sector's financial performance also improved, with major companies achieving a 20.1% increase in combined operating revenue, reaching 12.8 trillion yuan. Total profits for these companies surged by 110% year on year, amounting to 847.5 billion yuan. Additionally, fixed-asset investment in the sector grew by 8.1% during this period.
These major companies are defined as those with annual revenue from their main business operations of at least 20 million yuan.