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IT spending in China reached $13 bln in 2003

According to China Technology Market Association (CTMA), more than 260,000 technology contracts were registered in China in 2003. Transaction volume hit 1.

According to China Technology Market Association (CTMA), more than 260,000 technology contracts were registered in China in 2003. Transaction volume hit 1.08 trillion yuan ($13 bln), which was 155 times that of 1984. Over 1 mln people were employed in the information technology field.