China’s telecom sector sees stable growth in Jan.-July

35

China’s telecommunications sector logged steady expansion in the first seven months of this year, official data showed.

The combined industrial revenue rose 8.3 percent year on year to 944.2 billion yuan (about 137.87 billion U.S. dollars), according to the Ministry of Industry and Information Technology.

Emerging businesses, such as big data, cloud computing, internet data centers and Internet of Things, expanded rapidly during the period. The emerging business revenue of China’s three telecom giants — China Telecom, China Mobile and China Unicom — surged 35.1 percent year on year to 184.3 billion yuan.—APP

Previous articleOil prices fall after US Fed chair warns of economic pain ahead
Next articlePlenty of roadblocks for automakers seeking EV success