The production of China's electronic information manufacturing industry continued to rebound in the first 10 months!

      Beijing, November 28 (Xinhua) - According to data released by the Ministry of Industry and Information Technology of China on the 28th, from January to October 2023, China's electronic information manufacturing industry continued to rebound in production, with a narrower decline in exports, continuous improvement in efficiency, and stable growth in investment.

      From January to October, the added value of China's electronic information manufacturing industry above designated size increased by 1.7% year-on-year, an increase of 0.3 percentage points compared to the first three quarters; The growth rates were 2.4 and 0.2 percentage points lower than those of industrial and high-tech manufacturing industries during the same period. In October, the added value of electronic information manufacturing industry above designated size increased by 4.8% year-on-year, which is 0.2 percentage points higher than the same period in the industry. From January to October, the electronic information manufacturing industry above designated size achieved a total profit of 482.6 billion yuan, a year-on-year decrease of 18.2%, narrowing the decline by 0.4 percentage points compared to the first three quarters.

      According to statistics, from January to October, the production of mobile phones was 1.25 billion units, a year-on-year increase of 1.6%. Among them, the production of smartphones was 906 million units, a year-on-year decrease of 4.8%; The production of microcomputer equipment reached 281 million units, a year-on-year decrease of 20.8%; The production of integrated circuits reached 276.5 billion pieces, a year-on-year increase of 0.9%; The production of optoelectronic devices reached 1175.3 billion units, a year-on-year increase of 9.3%.

      The decline in exports of China's electronic information manufacturing industry narrowed in the first 10 months. From January to October, the export delivery value of electronic information manufacturing industry above designated size decreased by 6.9% year-on-year, which is 1.2 percentage points narrower than the first three quarters and 2.7 percentage points deeper than the industrial decline during the same period. According to customs statistics, from January to October, China exported 117.74 million laptops, a year-on-year decrease of 18%; Exported 642 million mobile phones, a year-on-year decrease of 6.5%; Export of integrated circuits reached 221.8 billion, a year-on-year decrease of 4.1%.