Ministry of Industry and Information Technology Reveals: From January to May, the Value-Added of the Electronic Information Manufacturing Sector Above Designated Size Surged by 14.6% Year-on-Year
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Author:小编   

Data released by the Ministry of Industry and Information Technology indicates that, during the period from January to May this year, the revenue generated by the electronic information manufacturing sector above designated size soared to RMB 7.52 trillion, marking a notable year-on-year increase of 17.1%. Concurrently, operating costs within this sector climbed to RMB 6.42 trillion, reflecting a 13.9% rise from the previous year. Total profits skyrocketed to RMB 422 billion, boasting an impressive 104% year-on-year surge. Focusing solely on May, the sector's revenue reached RMB 1.64 trillion, up by 22.2% compared to the same month last year. Additionally, from January to May, the value-added of the electronic information manufacturing sector above designated size witnessed a 14.6% year-on-year growth, outstripping the growth rates of the broader industrial sector and high-tech manufacturing by 9.2 and 1.5 percentage points, respectively.

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