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Telecom Industry Reports 15% Growth

China's telecommunication and post industry registered a business income of nearly 189.4 billion yuan (US$22.82 billion) in the first half of this year, up 15 percent from the same period last year, according to the Ministry of Information Industry Tuesday.

Of the total, the telecom industry brought in 166.6 billion yuan (US$20.07 billion), up 14.7 percent and China Post reported 22.8 billion yuan (US$2.746 billion), up 17.1 percent.

As for the three largest telecom operators, China Telecom registered 87.3 billion yuan (US$10.52 billion) in income, while China Mobile, registered 62.7 billion yuan (US$7.554 billion), and Chin Unicom, 15.9 billion yuan (US$1.92 billion).

During the period, the investment in this respect totaled 80.7 billion yuan (US$9.72 billion), up 87.7 percent, including 78.6 billion yuan (US$9.469 billion) by telecommunication companies.

China increased 590,000 long-distance call lines, leading the total capacity to 2.56 million lines. The total length for long-distance fiber cable is now 303,000 kilometers, increasing 17,000 kilometers from the beginning of the year.

(Xinhua News Agency 07/18/2001)

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