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MIIT: Handset Production Up 7.4% In First Five Months

Chinese handset production increased 7.4% year-on-year to reach 242 million units in the first five months of 2008, reports from the Ministry of Industry and Information Technology (MIIT). China accounted for approximately 40% of worldwide handset production last year with the manufacture of 548 million phones. There were 592 million handset users in China by the end of May.

Lisa

from b2bsee * Asia - Europe Business

China Mobile Wins TD-SCDMA “188″ Numbers

China Mobile has acquired mobile numbers starting with "188" for its TD-SCDMA network. China Mobile will likely begin releasing these numbers nationwide after it releases TD-SCDMA numbers in Qingdao and Baoding in mid-July. Including the newly obtained 100 million "188" numbers, China mobile now possesses 130 million TD-SCDMA mobile network numbers. Rumor has it that the Ministry of Industry and Information Technology (MIIT) will award China Mobile with "189" numbers as well.

Lisa

from b2bsee * Asia - Europe Business

MIIT: IT Exports Up 24% YoY Through May

China's IT product import and export volume totaled $349.85 billion, up 21.2% year-on-year, in the first five months of 2008, according to Ministry of Industry and Information Technology (MIIT) statistics released on Monday. Exports made up $201.95 billion, up 24.1% year-on-year, of the total, while imports came in at $147.9 billion, up 17.4% year-on-year. IT exports accounted for 37.1% of China's total export volume and IT imports accounted for 31.7% of China's total import volume during the period.

Nationwide LCD TV production was up 12.9% year-on-year to 62.326 million units for the first five months.

Lisa

from b2bsee * Asia - Europe Business

Live Online Discussion on China Quarterly Update, June 2008

China's economic growth has moderated to a more sustainable pace and headline inflation is receding even as non-food price pressures emerge, says the Bank's latest edition of the China Quarterly Update. The report finds that China's growth will be supported by strong international competitiveness and a robust domestic economy.

Given the economic status and influence of China across the region and the world, what does all this mean for the rest of the globe?

World Bank Country Director David Dollar and Sr. Economist Louis Kuijs will be online on July 1, 2008 at 9 a.m. EDT, which is 13:00 UTC/GMT and 9:00 p.m. in Beijing, to answer your questions.

Get the full report and data
Click below to submit questions in advance

Lisa

from b2bsee * Asia - Europe Business

China 2008 Telecom Industry Revenue Up 27% Through May

Ministry of Industry and Information (MII) released telecom industry statistics on June 19, reports People's Posts and Telecommunications News. According to MII, China's telecom industry recorded total revenue of RMB 906.61 billion in the first five months of the year, up 26.8% year-on-year. Telecom operation revenue was up 9.6% to RMB 330.55 billion and telecom fixed-asset investment was up 2.75% to RMB 75.05 billion. Mobile telecom revenue hit recorded RMB 176.85, up 16.5%, while fixed-line phone and data services (broadband Internet) generated revenue of 122.59 billion and RMB 30.72 billion, respectively. China lost 6.5 million fixed-line phone subscribers in the first five months of the year to reach 359 million subscribers and added 44.8 million handsets users to reach 592 million users at the end of May. China added 7.9 million broadband subscribers to reach a total of 74.448 million. China sent 287.26 billion SMS for the period, up 24.6% year-on-year.

Lisa

from b2bsee * Asia - Europe Business

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