TECH Production, sales see improvement in China

TECH

Production, sales see improvement in China

China Daily

11:02, July 23, 2020

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A textile company resumes work in Zaozhuang, East China's Shandong province, on Feb 20, 2020. (Photo: sipaphoto.com)

The production and sales situation of industrial sector has improved in China, said Xin Guobin, a vice-minister of the Ministry of Industry and Information Technology at news conference held on Thursday.

The industrial added value above the designated scale increased 4.4 percent year-on-year in the second quarter of this year, and the figure decreased 1.3 percent year-on-year in the first half of this year.

The added value of the high-tech manufacturing sector rose 4.5 percent in the first half of this year.

China builds 257,000 new 5G base stations in H1, and has a total of 410,000 stations by end of June.

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