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China's electronic information manufacturing sector maintains solid growth

China

China

China

China's electronic information manufacturing sector maintains solid growth

2024-10-07 09:57 Last Updated At:19:27

China's electronic information manufacturing sector has posted solid growth in production and output in the first eight months of 2024, according to data from the Ministry of Industry and Information Technology.

The data showed that the value-added industrial output of major companies in the sector rose by 13.1 percent year on year in the same period.

Cellphone output, a key product in the sector, amounted to 1.015 billion units. Among them, 751 million units of smartphones were produced, up 10.4 percent from a year ago.

Meanwhile, the combined export delivery value of major companies rose 1.2 percent year on year, according to the ministry. During this period, the exports of laptops and smartphones grew 2.0 percent and 4.6 percent year on year respectively.

In addition, investment in the electronic information manufacturing industry remained stable during the first eight months. Fixed-asset investment in the sector increased 14.2 percent year on year in the same period, the data reported.

China's electronic information manufacturing sector maintains solid growth

China's electronic information manufacturing sector maintains solid growth

China's electronic information manufacturing sector maintains solid growth

China's electronic information manufacturing sector maintains solid growth

China's electronic information manufacturing sector maintains solid growth

China's electronic information manufacturing sector maintains solid growth

Macao has been emerging as a global hub for conventions and exhibitions in recent years by exploring the enormous opportunities in the sector, driving the region to advance its economic diversification and embrace a brighter future.

Macao has received many awards this year, such as the Best Convention City (Asia) and the Best BT-MICE City, showcasing the recognition for and influence of Macao's exhibition industry.

More than 1,000 electronic game enthusiasts from all over the world gathered recently in Macao to participate in a esports themed event.

Su Zhili, organizer of the event, said that Macao's rich experience in hosting large-scale events, coupled with its good infrastructure, has driven him to choose the region as an ideal destination to hold such an activity.

"Macao has held many similar large-scale events. It has rich experience, and the facilities at the venue are relatively mature, so we can start our work comfortably," said Su.

During the first three quarters of 2024, Macao held more than 1,000 conferences and exhibitions in total.

"We will invite more professional, special conferences to be held in Macao and also cultivate more exhibition brands with international influence in Macao, so as to promote Macao's exhibitions to be more market-oriented, professional, international, digital and greener from various aspects. This is our goal," said Elaine Wong, member of the Macao Commerce and Investment Promotion Institute.

In addition, multiple large exhibitions and conferences, such as the Macao International Trade and Investment fair, the Macao Franchise Expo, and the International Infrastructure Investment and Construction Forum, are held regularly in Macao.

With the introduction of a series of policies and measures to facilitate the exchanges between the mainland and Macao, as well as the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Macao's convention and exhibition industry will embrace more opportunities for development in the foreseeable future.

"We have such a good industrial base in the Greater Bay Area. The mode of 'Convention and Exhibition + Industry' not only integrates the industries of Macao, but also the industries of the Greater Bay Area. In addition, Macao actively integrates into the national development and plays a role in the Belt and Road. Why are we so confident in Macao's convention and exhibition sector? Because it is backed by the motherland, and the country gives Macao great support," said Alan Ho, chairman of the Macao Association of Convention, Exhibition and Tourism Sectors.

Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition

Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition

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