Hi Paul, Article...Computer sales in China rise 49% in 1996!
China Sales of Computers Rise 49%
May 4, 1997 (Beijing) -- Computer sales in China totaled RMB$92 billion (US$11.1 billion) in 1996, an increase of 49.6% over 1995.
This included sales of computer hardware, software, maintenance and information services.
Chen Jinhua, the minister in charge of the State Planning Commission, said recently that the electronics and information industry will be a booming part of the national economy.
During the Eighth Five-Year Plan (1991-1995), China invested RMB$8.4 billion (US$1.1 billion) in 8,000 computer technology projects.
At the Fourth Session of the Eighth National People's Congress, China's top legislature, held in March 1997, the information technology industry was singled out as a major part of China's long-term economic development program.
In 1996, the cities of Shanghai, Tianjin and Beijing, and Guangdong and Jiangsu provinces all mapped out plans to develop their information industry.
Economists believe that the information industry will to a great extent make China's economy more efficient and move it closer to the world economy.
Three key IT projects were launched in 1993: the "golden bridge" is for establishing a public economic information network, the "golden card" is for an electronic currency system, and the "golden customs" project will be a foreign trade network for paperless trading.
The country's financial, industrial, educational and medical fields also are building their own information networks.
A large-scale state information network is planned for the year 2000.
Zhang Qi, a senior official with the Ministry of Electronics Industry, said, "China's information industry has a long way to go, but at the same time it has promising opportunities."
In the next few years, China's computer business will grow more than 30% each year, and sales are expected to exceed RMB250 billion (US$30 billion) by the year 2000.
______________________________________________________
I wonder how much of that 30billion dollars will go to Intel's bottom line. :-)
Michael |
