BEIJING (XINHUA) – China’s electronic information manufacturing sector experienced a solid recovery in the first 11 months of this year, data from the Ministry of Industry and Information Technology revealed.
According to the ministry, the industrial added-value of large companies in the sector rose 2.6 per cent year on year in the period, a rate that was 0.9 percentage points faster than the first 10 months of the year.
During the same period, the combined operating revenue of the sector’s major firms was CNY13.5 trillion (about USD1.9 trillion), a 1.8 per cent decrease year on year.
The decline has narrowed by 1.1 percentage points over the first 10 months of the year, the ministry said.