China's Digital Sector Sees Growth
The digital sector in China experienced remarkable growth in both revenue and profits during the first half of the year, with revenues increasing by 13.6% to 20.71 trillion yuan (approximately $3.08 trillion), and profits rising by 19.3% to reach 1.79 trillion yuan. This growth is driven by rising domestic demand for artificial intelligence products and expanding exports, as well as the establishment of 16 national high-end manufacturing industrial parks. Additionally, the electronics industry recorded a 14.8% increase in added value, information technology companies saw a 17.8% rise in revenue, and the software and IT services sector's revenues grew by 9.5%.
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