China's digital industry sales to reach 35 trillion by 2024 - Chinese report

According to the Ministry of Industry and Information Technology of China, China's digital industry is expected to show stable growth overall in 2024. Sales in 2024 are expected to increase 5.5% year-on-year to 35 trillion former (about 718 trillion yen), and profits are expected to reach 1.2 trillion yen (about 1.2 trillion yen).
The total figure was 2.7 trillion yen (about 55 trillion yen), up 3.5% year-on-year. Of this, the electronic information manufacturing industry showed an overall improvement. The addition of computers, communications and other electronic manufacturing equipment industries of a certain scale or larger
The value of the electronics market increased by 11.8%, a growth rate that increased 8.4 percentage points from the previous year. The computer electronics market recovered fully, with mobile phone production increasing by 7.8% year-on-year and microcomputer production increasing by 2.2% year-on-year.
Sales of computers increased 2.7% and televisions increased 4.6%. Software sales increased 10% to 1.2%, driven by emerging businesses such as artificial intelligence (AI) and cloud platforms.
The total sales of the telecommunications industry increased by 3.2% to 1.74 trillion yen (approximately 36 trillion yen).
The quantity of digital infrastructure has expanded and its quality has improved. As of the end of 2024, the number of optical fiber lines nationwide
The total length of 5G networks has reached 72.88 million kilometers. The total number of 5G base stations built is 4.251 million, and 10 gigabit passive optical networks (1Gbit/s) for 1G internet connections have been built.
The number of 5G-PON ports has reached 28.2 million. 207 gigabit cities have been built, gigabit coverage in counties and 5G penetration in rural areas have progressed, with 5G networks covering more than 90% of administrative villages.
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