2024 Q1: China's electronic information manufacturing sector saw 14.6% year-on-year growth in value-added industrial output, reaching 2.14 trillion yuan ($302B)

In the first two months of 2024, China's electronic information manufacturing sector experienced significant growth, according to the Ministry of Industry and Information Technology. The value-added industrial output of major companies increased by 14.6% year-on-year, with combined operating revenue reaching 2.14 trillion yuan ($302 billion), up 8.2% year-on-year. Combined profits increased 2.1 times to 41.81 billion yuan, and fixed-asset investment in the sector grew by 14.8% year-on-year.

March 31, 2024
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