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IT FAI grows
Last Updated(Beijing Time):2012-05-30 00:00

The fixed-asset investment of China's information technology and electronics industry grew 13.8 percent on an annual basis in the first four months of this year, fueled by spending in electronics components, the Ministry of Industry and Information Technology said yesterday.

The total investment reached 96.36 billion yuan, compared with 84.6 billion yuan a year ago, according to the ministry.

From January to April, China manufactured 350 million handsets, up 4.7 percent from a year ago.

Source:Shanghai Daily 
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