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MIIT Announces Jan-August IT Industry Investment Statistics

MIIT, 9/26/11

China's Ministry of Industry and Information Technology (MIIT) has released statistics on fixed asset investments in the national IT industry for the first eight months of 2011, with total completed investment on IT projects valued greater than RMB 5 mln reaching RMB 560.2 bln, up 67.7% YoY. Total completed investment in the month of August rose 70.8% YoY to RMB 79.55 bln.

Jan-Aug 2011 IT Industry Investment by Sector

Industry Investment (RMB/Bln) YoY Change
Electronic Devices 141.0 54.5%
IT Equipment 127.7 122.1%
Electronic Components 97.2 61.8%
Computers 48.4 58.0%
Telecom Equipment 29.7 21.6%
Home Audiovisual Equipment 7.5 -13.4%

Jan-Aug 2011 IT Industry Investment by Region

Region Investment (RMB/Bln) YoY Change
Eastern China 355.8 75.9%
Central China 147.2 58.4%
Western China 57.2 47.2%

Keywords: national statistics market size growth rate hardware IT industry MIIT

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