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% |
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.