Three electronic and IT 'belts' take shape

THREE information technology “belts” have taken shape in China, according to a report from the Ministry of Information Industry.  

They are located on the Zhujiang River Delta in south China, the Yangtze River Delta, and across Beijing, Tianjin and Tanggu in north China.  

The output value of the electronic and information technology (IT) industry of Guangdong province totalled US$46.9bil (RM178.2bil) in 2002, the highest in the country.  

The output value of the electronic and IT industry of Jiangsu province, a major producer on the Yangtze River Delta, rose by 20.8% to US$31bil (RM117.8bil).  

Production of integrated circuits, computer and digital audio and video devices became a pillar industry of the region.  

Beijing yielded US$722mil (RM2.74bil) in pre-tax profits from the electronic and IT sector last year, up by 6.3% from the previous year. 

Sales of software went up 50%.  

Market forecasts show China’s electronic and IT industry is expected to grow by 30% to US$253bil (RM961bil) this year. – The People’s Daily 

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