According to the latest data released by the Ministry of Industry and Information Technology on November 28, from January to October, the production of China’s electronic information manufacturing industry continued to rebound, the decline in exports narrowed, the efficiency continued to improve, the investment grew steadily, and the revenue differentiation between regions was obvious.

Data show that from January to October, the added value of the electronic information manufacturing industry above designated size increased by 1.7% year-on-year, an increase of 0.3 percentage points over the previous three quarters; The growth rate was 2.4 percentage points and 0.2 percentage points lower than that of the industrial and high-tech manufacturing industries in the same period. In October, the added value of the electronic information manufacturing industry above designated size increased by 4.8% year-on-year, 0.2 percentage points higher than that of the industrial industry in the same period.

Among the main products, the output of mobile phones was 1.25 billion units, up 1.6% year-on-year, of which the output of smart phones was 906 million units, down 4.8% year-on-year; The output of microcomputer equipment was 281 million units, down 20.8% year on year; The output of integrated circuits was 276.5 billion pieces, up 0.9% year-on-year; The output of optoelectronic devices was 1,175.3 billion units, an increase of 9.3%.

MS-NAE5510-3

In terms of exports, from January to October, the export delivery value of the electronic information manufacturing industry above designated size fell by 6.9% year-on-year, which was 1.2 percentage points narrower than the previous three quarters, and 2.7 percentage points deeper than the industrial decline in the same period. In October, the export delivery value of electronic information manufacturing industry above designated size was unchanged from the same period last year. According to customs statistics, from January to October, China exported 117.74 million notebook computers, down 18% year-on-year; China exported 642 million mobile phones, down 6.5% year-on-year. The export of integrated circuits was 221.8 billion, down 4.1% year-on-year.

Data show that from January to October, the electronic information manufacturing industry above designated size achieved operating income of 12.1 trillion yuan, down 2.9% year-on-year, narrowing by 0.5 percentage points compared with the previous three quarters; Operating costs were 10.5 trillion yuan, down 2.6% year-on-year; The total profit was 482.6 billion yuan, down 18.2% year-on-year and 0.4 percentage points narrower than the decline in the first three quarters; Operating income margin was 4%, unchanged from the previous three quarters.

It is worth mentioning that from January to October, fixed asset investment in the electronic information manufacturing industry increased by 9.6% year-on-year, 0.7 percentage points higher than the growth rate of industrial investment in the same period.