China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1780)	12/7/2003 11:29:41 PM
From: RealMuLan	Read Replies (1) of 6370

'China's IT industry to become world's largest in 2010' Press Trust of India Beijing, December 7 China's information technology (IT) industry output will be over $280 billion this year, the third highest in the world, and would triple by 2010 to become the world's largest, a senior Chinese official claimed. Besides strong output, China is also emerging as a leader in technology, thanks to the growth of domestic companies, said National Development and Reform Committee's Hi-tech Division's vice director Xu Qing. This year, China's IT industry output is expected to hit 2.4 trillion yuan ($289.16 billion) to become the world's third-largest following the United States and Japan, Xu said at the 2003 annual economic conference of China IT industry. Xu's forecast is based on some new bright spots in the industry, including digital television, integrated circuit manufacturing and third-generation telecommunication application, the state media reported. hindustantimes.com

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