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Rediff.com  » Business » China, world's largest cellphone, CTV maker

China, world's largest cellphone, CTV maker

Source: PTI
February 05, 2004 14:33 IST
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China became the biggest producer of mobile phones, colour televisions and monitors in the world last year and its high-tech exports reached a record $110 billion, according to official statistics.

Statistics released by the National Development and Reform Commission showed that China's output for these products has respectively accounted for 35 per cent, 40 per cent and 55 per cent, respectively, of the world's total.

China's high-tech industries witnessed better than expected growth in tune with its near-double digit economic growth over the last few years.

Total high-tech turnover in 2003 climbed to 2.75 trillion yuan ($331 billion), accounting for a year-on-year growth of 30 per cent, China Daily reported.

According to the report, China has met its high-tech development target for the 10th five-year plan (2001-05) period, two years ahead of schedule.

China's exports of high-tech products reached $110 billion last year, an average growth rate of 40 per cent over the past five years, the commission said.

Over the next 15 to 20 years, China must step up efforts to transform itself from a large manufacturer to a strong one through utilisation of science and technology, Chinese academy of social sciences researcher Lin Yueqin said while commenting on the country's high-tech sector.

27% of world's notebook PCs come from Shanghai

The Songjiang export-oriented processing zone in east China's Shanghai city exported 10 million notebook PC units last year, accounting for 27 per cent of the total world output.

According to statistics from the Shanghai customs, the processing zone, which occupies three sq km in a southwest suburb of the gleaming metropolis, gained an export value of $3.86 billion last year.

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