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China's electronics sector rises 15.7%
The electronic information manufacturing sector in China experienced a growth rate of 15.7% during the first eight months of the year, surpassing the overall industrial growth rate by 4.9 percentage points. The production value of major companies increased by 15.7%, while the production of integrated circuits grew by 22.3%, reaching 386 billion units. Additionally, lithium-ion battery exports rose by 22.9%, and profits of large enterprises increased to 847.5 billion yuan, with fixed asset investments continuing to grow at an 8.1% rate.
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