China posts quarterly growth in postal, telecoms sector
China’s post and telecommunications sector posted 169.2 billion yuan (21.1 billion U.S. dollars) in revenue growth in the first quarter, up 11.8 percent year on year.
A Ministry of Information Industry statement said postal revenues totaled 15.83 billion yuan (1.98 billion U.S. dollars) for the quarter, up 13.7 percent, while telecommunications revenues stood at 153.43 billion yuan (19.18 billion U.S. dollars), up 11.6 percent.