China aims to create 1.5 mln jobs in electronics and IT industry
www.chinaview.cn 2009-04-15 22:41:23   Print

China unveils stimulus package for 10 sectors

¡¤China said it will create more than 1.5 mln new jobs in electronics and IT industry in 3 years.
¡¤That will provide new jobs for nearly 1 million college graduates.
¡¤The government announced a support plan for the industry in February.

    BEIJING, April 15 (Xinhua) -- China, the world's biggest manufacturer of electronics and information technology (IT) products, said Wednesday it will boost the industry's development to create more than 1.5 million new jobs in three years.

    The electronics and IT sector is expected to contribute at least 0.7 percentage points to China's annual gross domestic product (GDP) growth from 2009 to 2011, compared with 0.8 percentage points last year, according to a document approved by the State Council and published on the government Web site.

    That will provide new jobs for nearly 1 million college graduates, which are included in the total 1.5 million targeted vacancies, said the document.

    China's electronics and IT products sales surged at an average annual rate of 28 percent from 2001 to 2007, but slowed sharply to 12.5 percent last year amid the economic downturn.

    Sales in 2008 totaled 6.3 trillion yuan (920 billion U.S. dollars), with exports reaching 521.8 billion U.S. dollars, or 36.5 percent of the country's total export value.

    The government announced a support plan for the industry in February. The Wednesday document made clear details of the plan.

    The government will boost the industry by increasing state investment, credit support and export tax rebates, said the document.

    It also pledged to expand the domestic market for the industry and encourage innovation and restructuring.

    In the next three years, the country aims to achieve technological breakthroughs in strategic domains of the industry such as integrate circuits, new-type displays and software, according to the document.

    For instance, revenues from software and information service sectors will take up 15 percent of the industry's total, up from the current 12 percent.

    In addition, fresh growth will be cultivated in such fields as digital TVs and the new generation of mobile communications and Internet.

    The government said it will vigorously promote the overseas commercial use of its domestically-developed TD-SCDMA standard for the high-speed third-generation mobile communications.

China approves support plan for electronics and information industry

BEIJING, Feb. 18 (Xinhua) -- China approved Wednesday a support plan for the country's electronics and information industry.

The government will boost innovation, increase financial input and promote the use of information technologies in various fields in the next three years, according to an executive meeting of the State Council, or the Cabinet. The meeting was chaired by Premier Wen Jiabao.

China's electronics, information investment up 26% in first two months

BEIJING, March 31 (Xinhua) -- China's electronics and information industry reported a fixed assets investment of 30.7 billion yuan (4.5 billion U.S. dollars) in January and February, up 25.6 percent year on year, the Ministry of Industry and Information Technology said Tuesday.

The growth was 5.1 percentage points higher than the same period last year, the ministry said in a Web statement, but it did not cite reasons for the investment rise.

Editor: Mu Xuequan
Related Stories
Premier Wen: Information superhighway to boost GMS connectivity
China Electronics Fair held in Shenzhen
Electronics industry gets a lift
Home China
  Back to Top