China's electronic information industry got off to a good start in the first quarter of 2011, according to data released yesterday on the website of the Ministry of Industry and Information Technology. The whole industry continued the steady growth trend since the second half of last year, and the growth rate of production and export gradually recovered to the level before the international financial crisis.
Data shows that software and components have become the main growth drivers of the industry. Among them, the electronic devices industry saw the fastest growth, with sales value of 263.1 billion yuan in the first quarter, up 35.6% year on year and 11.9 percentage points higher than the industry average.
Data show that in the first quarter of 2011, the value added of electronic information manufacturing industry above designated size increased by 15.3%, 0.9 percentage points higher than the industrial average level; The sales value reached 1,560.5 billion yuan, up 23.7% year on year. Among them, software and components continue to be the main drivers of growth in the industry.
Data showed that the growth of software revenue in the first quarter was stable, reaching 27%, 1.3 percentage points higher than the same period last year. In March, the revenue of software business was 128.8 billion yuan, up 32.7% year on year, 3.1 percentage points higher than the same period last year.
In the first quarter, the electronic components industry experienced rapid growth, with the sales value of 263.1 billion yuan in the first quarter, up 35.6% year on year; The value of export delivery was 167.8 billion yuan, up 31.0% year on year and 11.9 and 14.5 percentage points higher than the average level of the industry.
Statistics show that the domestic market's contribution to the industry is increasing. In the first quarter, the electronic information manufacturing industry above designated size achieved domestic sales of 694 billion yuan, up by 34.0% year on year, and domestic sales contributed 59% to the growth of the whole industry. The value of export delivery was 866.5 billion yuan, up 16.5% year on year. Domestic sales grew 17.5 percentage points faster than exports, and industrial export dependence dropped 3.5 percentage points from the same period last year.
Exporting, our country foreign trade growth of electronic information products has gradually recovered to the level before crisis. The total import and export volume of electronic information products in the first quarter was 249.2 billion US dollars, up 20.4% year on year. Among them, the export of electronic components grew faster. In the first quarter of 2011, exports of electronic components and electronic devices were 19.1 billion and 17.9 billion dollars, respectively, up 22.5% and 32.1% year on year. 2 and 11.6 percentage points higher than the industry average. In terms of major products, the export of integrated circuits was 7.4 billion dollars, up 12.3% year on year, and the export of liquid crystal display panels was 6.7 billion dollars, up 18.6% year on year.