business

China's telecoms industry expands steadily in Q1

Font size+Author:Global Glance news portalSource:world2024-05-20 07:16:02I want to comment(0)

BEIJING, May 4 (Xinhua) -- China's telecommunications industry registered steady expansion in the fi

BEIJING, May 4 (Xinhua) -- China's telecommunications industry registered steady expansion in the first quarter of 2024, official data showed. The combined business revenue of firms in this sector totaled 443.7 billion yuan (about 62.44 billion U.S. dollars) in the period, rising 4.5 percent year on year, according to the Ministry of Industry and Information Technology. Combined revenue of emerging businesses, such as big data, cloud computing, and the Internet of Things, logged double-digit growth. China's three telecoms giants -- China Telecom, China Mobile and China Unicom -- saw their revenue from emerging businesses increase by 12.2 percent year on year, driving up the telecoms sector's total revenue by 3 percentage points. Specifically, revenue from cloud computing and big data jumped 17.4 percent and 37.3 percent, respectively, compared with the same period last year. 

(Editor:Liao Yifan)

Related articles
  • Rodman scores 2 in Spirit's 4

    Rodman scores 2 in Spirit's 4

    2024-05-20 06:38

  • Across China: German vlogger amazed by China's ethnic cultures

    Across China: German vlogger amazed by China's ethnic cultures

    2024-05-20 06:12

  • Art education on display

    Art education on display

    2024-05-20 05:26

  • North China's largest freshwater lake reflects conservation benefits

    North China's largest freshwater lake reflects conservation benefits

    2024-05-20 05:09

Netizen comments