China says that VCD will grow 30%, in 1999..........................
cei.gov.cn
Electronics Industry to Maintain 20 percent Growth in 1999
Forecast on major economic indices for 1999.
-- Gross industrial output value: 580 billion yuan, up 20.1 percent; -- Sales income: 360 billion yuan, up 16.1 percent; -- Industrial added value: 85 billion yuan, up 14.8 percent; -- Pre-tax profits: 30 billion yuan, up 15.4 percent; -- Export: 27 billion U.S. dollars, up 3.8 percent.
Forecast on major electronics products in 1999.
-- Program-controlled exchange: 410 million lines, up 46 percent; -- Personal computer: 4 million sets, up 48.1 percent; -- Color TV: 30.8 million sets, up 10 percent; -- VCD player: 20.6 million sets, up 30 percent; -- Videl cassette recorder: 3 million sets, up 15 percent.
China Economic Information(12/15/98)
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