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China's telecom industry expands steadily in Jan-Feb

Summary by Ground News
China's telecommunication industry logged a steady expansion in the first two months of this year. Revenues of firms in the sector totaled 280.3 billion yuan (about 40.8 billion U.S. dollars), up 7.9 percent year on year. Emerging sectors such as internet data centers, cloud computing and the Internet of Things saw their revenues rise 25.7 percent. The data also reveals the steady progress China has made in advancing new infrastructure construction.

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Ecns broke the news in China on Thursday, March 23, 2023.
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