Electronic information sector sees solid momentum

Updated: Aug 17, 2020 By Cheng Yu/Pei Pei China Daily Print
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China has gained sound momentum in the electronic information industry in the second quarter despite challenges brought by the COVID-19 outbreak, as the country sought to bolster industrial chain in the electronics battlefield for stable development, the nation's top industry regulator said at the ongoing China Information Technology Expo in Shenzhen on Aug 14.

Qiao Yueshan, head of electronic information department at the Ministry of Industry and Information Technology, said that the country's electronic information continued to develop as leading companies in the sector have made remarkable efforts in driving upstream and downstream small and medium-sized enterprises to resume work.

In the first half of this year, the industrial output of the electronic information manufacturing industry increased by 5.7 percent year-on-year, which was 7 percentage points higher than the overall industrial growth rate. The sector also earned an income of 5.14 trillion yuan ($739 billion) in the same period, which made up 12.7 percent of the total.

"More steps will be taken to enhance the risk-resisting ability of the industrial chain and bolster the coordination of resource guarantees to ensure that the electronic information supply chain is well-rounded," Qiao said.

The remarks also came after the MIIT's Vice-Minister Xin Guobin said in an interview with Xinhua News Agency that the country's industrial economy showed sound recovery since the second quarter of this year.

"For the next step, the country will improve the stability and competitiveness of the industrial chain. More efforts will be made to make up for shortcomings and upgrade the industrial structure to maintain such sound fundamentals," Xin said.

With such achievements, local electronic companies are scrambling to make technological breakthroughs in key industries, while foreign tech firms are beefing up their presence in research and development in the nation.

You Xuejun, chief technology officer at Chinese digital solution provider H3C, said that the company has put a lot of effort in technological innovation of information technology and related applications, especially when faced with recent economic uncertainties.

"As China has called for more efforts in new infrastructure, Dell insists on our aim of 'in China and for China' to make contributions to the nation's electronic information sector," Huang Chenhong, global vice-president of US tech giant Dell Technologies and president of Dell in China, said on Aug 14.

The US firm has poured at least $33 billion into China each year. It has two global service centers, three factories, eight research and development centers, 12,500 staff in total, and contributes 64,000 hours of charity work per year, Huang said.

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