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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?

To: SinoKnowledge who wrote (1814)	2/11/2001 11:44:33 PM
From: funincolo	Read Replies (1) \| Respond to of 2413

(COMTEX) B: CHINA TO QUADRUPLE INFORMATION INDUSTRY'S OUTPUT BY 2010: B: CHINA TO QUADRUPLE INFORMATION INDUSTRY'S OUTPUT BY 2010: MIN BEIJING, Feb 12, 2001 (AsiaPulse via COMTEX) -- China has planned to quadruple its information industrial output by 2010, the minister of Information Industry said. Wu Jichuan said in the opening speech to a symposium on e-commerce and paperless trading held by the Asia-Pacific Economic Cooperation (APEC) on Friday, that the development of the information industry will help China double its national economic growth rate. Some 250 officials, entrepreneurs and experts from 20 APEC members attended the symposium. By 2005, the information industrial output should double the current level, accounting for 8 per cent of China's gross national product. And by 2010, the output should be four times the current level, said the minister. To reach that target, the minister said the country will update its current nationwide computer network, encourage new technological inventions, promote the use of information technology and network technology in various areas, make new laws and regulations guiding the growth of the information industry, and use more overseas investment in the sector. In particular, Wu said the Chinese government will, in accordance with its commitments concerning its accession to the World Trade Organization, encourage more overseas and domestic investors to enter the telecommunications market. The information industry grew at an average of 28.8 per cent over the past five years. The total number of regular and mobile telephone subscribers in the country reached 230 million. (XIC)