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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (42410)	6/25/1999 1:28:00 AM
From: BillyG	Read Replies (1) \| Respond to of 50808

China Assigns Priority to Networking, Multimedia Technologies nikkeibp.asiabiztech.com June 25, 1999 (BEIJING) -- Networking and multimedia technologies are flourishing in China and will continue to thrive in the next century, according to Zhang Zhigang, vice-minister of the State Economic and Trade Commission (SETC). China has assigned priority to developing these technologies in its Ninth Five-Year Plan (1996-2000), with a view toward promoting the overall information sector, Zhang said. China Telecom maintains a comprehensive public data and multimedia telecommunications network. The network had more than 1.5 million customers in 1998 and is expected to have a total of 3 million this year. China's network business was worth RMB10 billion (US$1.2 billion) in 1998. The SETC will soon hold an international exhibition on networking and multimedia technology applications in Beijing to help develop the information industry, Zhang added. (Xinhua News Agency)