From January to April, the production of China’s electronic information manufacturing industry grew steadily, exports recovered, efficiency continued to improve, investment maintained rapid growth, and the overall growth trend of the industry was obvious.

1. Steady growth in production

TRICOENX-3604 From January to April, the added value of the electronic information manufacturing industry above designated size increased by 13.6% year-on-year, 7.3 and 5.2 percentage points higher than that of the industrial and high-tech manufacturing industries in the same period, respectively. In April, the added value of the electronic information manufacturing industry above designated size increased by 15.6% year-on-year.

Figure 1 Cumulative growth rate of electronic information manufacturing industry and industrial added value

From January to April, among the main products, the output of mobile phones was 496 million, an increase of 12.6% year-on-year, of which the output of smart phones was 367 million, an increase of 14.1% year-on-year; Microcomputer equipment output of 100 million units, an increase of 3.4%; The output of integrated circuits was 135.4 billion pieces, up 37.2% year on year.

2. Exports are recovering

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From January to April, the export delivery value of the electronic information manufacturing industry above designated size increased by 0.2% year-on-year, an increase of 2.8 percentage points over the first quarter, and 2.3 percentage points lower than the industrial industry in the same period. In April, the export delivery value of electronic information manufacturing industry above designated size increased by 8.4% year-on-year.

Figure 2 Cumulative growth rate of electronic information manufacturing industry and industrial export delivery value

TRICOENX-3604 According to customs statistics, from January to April, China exported 44.01 million notebook computers, an increase of 9.6%; The country exported 241 million mobile phones, up 4.6% year-on-year; The export of integrated circuits was 88.7 billion, an increase of 8.5% year-on-year.

3. Efficiency continued to improve

From January to April, the operating income of the electronic information manufacturing industry above designated size reached 4.67 trillion yuan, an increase of 7.9% year-on-year, down 1.2 percentage points from the first quarter; Operating costs were 4.09 trillion yuan, up 7.3% year on year; The total profit reached 144.2 billion yuan, an increase of 75.8% year on year; The operating income margin was 3.1%, an increase of 0.2 percentage points over the first quarter. In April, the operating income of electronic information manufacturing industry above designated size was 1.2 trillion yuan, an increase of 11.5% year on year; Its profit was 43.32 billion yuan, up 61.9 percent year-on-year.