Technology sector gets more bytes

China will step up investments in new technologies over the next three years in an effort to boost domestic consumption that will counter weakening global demand for the country's exports.

The nation will invest about 600 billion yuan to promote 3G mobile communication services, digital TVs and next generation Internet, a stimulus plan approved by China's State Council, or the Cabinet, on Wednesday night has chalked out.

The investments will be used to promote innovation, increase financing and foster widespread use of information technology.