From January to February, China's electronic information manufacturing production maintained double-digit growth;Export delivery value continued to increase;The growth rate of operating income decreased slightly;Rapid investment growth。

一、Production has maintained double-digit growth

      From January to February, the added value of the national electronic information manufacturing industry above designated size increased by 12 percent year-on-year.That is 7% higher than the average growth rate in 2020 and 2021.1 percentage point;It is higher than the growth rate of industrial added value in the same period.2 percentage points, but lower than the high-tech manufacturing value added growth rate of 1.Seven percentage points。

Figure 1 Cumulative growth rate of electronic information manufacturing industry and industrial added value since January and February 2021

      From January to February, among the main products, the output of mobile phones was 2.100 million units, down 3.5%, of which smartphone production 1.500 million units, an increase of 0.8%;Microcomputer equipment output 5856.40,000 units, down 3.9%;Integrated circuit output 573.300 million yuan, down 1.2%。

二、Export delivery value continued to increase

      From January to February, the export delivery value of electronic information manufacturing industry above designated size was 983.8 billion yuan, an increase of 11 percent year-on-year.4%, higher than the two-year average growth rate in 2020 and 2021.9 percentage points, but lower than the industrial export delivery value growth rate of 5.Five percentage points。

      According to customs statistics, in January and February, China exported 30.1 million notebook computers, down 9.8%;Export mobile phone 1.300 million units, down 20 percent from a year earlier.6%;The export of integrated circuits is 47 billion, an increase of 0.5%;Imports of integrated circuits 92 billion, down 4.6%。

三、Revenue growth declined slightly

      From January to February, the electronic information manufacturing industry above designated size achieved operating income of 2,075.6 billion yuan, an increase of 8.5%, which is 6% lower than the average growth rate in the same period in 2020 and 2021.Eight percentage points;The total profit was 72.5 billion yuan, down 7. 7% year-on-year.3%;The operating income margin was 3.5%, down 0.7 percentage points, lower than the industrial operating income margin of the same period.Five percentage points。

四、Rapid investment growth

      From January to February, fixed asset investment in the electronic information manufacturing industry increased by 35 percent year-on-year.1%, which is 15% higher than the growth rate of industrial investment in the same period.3 percentage points, but less than the high-tech manufacturing investment growth rate of 7 percent.Six percentage points。

Figure 4 Cumulative growth rate of electronic information manufacturing industry and industrial fixed asset investment since January and February 2021

(Except as indicated, the rest of the statistical data are data from the National Bureau of Statistics or calculated accordingly)

Source: Ministry of Industry and Information Technology, People's Republic of China