Briefly

China's shipbuilding sector remains in lead

China's shipbuilding industry continued to lead globally in the first quarter of this year, boasting the biggest international market share in terms of output, as well as new and existing orders, official data showed. The country's shipbuilding output hit 9.17 million deadweight tons (DWT) during the period, accounting for 43.5 percent of the world's total, data from the Ministry of Industry and Information Technology showed. New orders, another major indicator of the shipbuilding industry, rose 53 percent year-on-year to 15.18 million DWT, with a global market share of 62.9 percent. The sector's existing orders totaled 114.52 million DWT at the end of March, expanding 15.6 percent year-on-year.

Nation has over 2.64m 5G base stations

The number of China's 5G base stations exceeded 2.64 million by the end of March, the Ministry of Industry and Information Technology said on Thursday. The number of 5G cellphone users in the country had reached 620 million by the end of March, and 5G signals had covered all counties in the country, according to the MIIT. The 5G technologies are widely applied in the Chinese economy, according to the MIIT. China plans to add around 600,000 5G base stations this year to increase such stations to 2.9 million by the end of 2023.

Xinhua - China Daily