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China's phone users top 1.1 billion

BEIJING -- The number of Chinese phone users continued to grow rapidly in the first five months of the year, surpassing 1.1 billion by the end of May. China added 40.8 million phone users during the January-May period.

 

During the period, fixed-line telephone users dropped about 7.8 million to 306 million while mobile phone users jumped 48.5 million to 796 million, according to the MIIT.

The number of Chinese phone users surpassed the 1 billion watershed in March last year.

Meanwhile, the number of Chinese broad-band Internet users jumped nearly 9.8 million to 113 million by the end of May.

The telecommunications industry recorded about 1.23 trillion yuan (US$181 billion) of business income in the five-month period, up 21.6 percent year on year.

http://www.chinadaily.com.cn/china/2010-06/29/content_10036635.htm

China is expected to receive 8 trillion yuan ($1.18 trillion) in financial revenue by the end of 2010, State broadcaster CCTV reported on June 28.

If that happens, China will become the second-largest country in terms of revenue income, trailing only the United States.

http://www.chinadaily.com.cn/china/2010-06/29/content_10034070.htm