The city's economy is centred on chemicals, pharmaceuticals, biotechnology, communication, information technology, machinery production, publishing, and retailing.
Over the past decade, state companies have maintained and expanded control over industries like automobiles, aviation, chemicals, energy, information technology, machinery, metals, steel and telecommunications.
Some would rather hoard cash or buy back their own shares than spend it on more efficient machinery or information technology.
One of them belongs to traditional machinery, in which the electronic information technology is used to enhance the mechanical performance by making the system more sophisticated, more efficient and more intelligent, such as numerical control machine.
To the extent there are real spending increases, the bulk of the extra cash will go to large-scale infrastructure and favored state-owned industries, especially in the textile, heavy machinery, petrochemical, logistics, nonferrous metals, information technology, electronics, vehicle and steel sectors.
The information technology and electronics industries have been replacing such traditional mainstays as the manufacture of textiles and clothes, machinery, and chemicals.
Komatsu added information technology, such as global-positioning systems (GPS), to hydraulic excavators three years ago to combat theft, and help machinery-rental firms track how much fuel individual excavators had left in their tanks.
Chinese companies supply electronic hardware, white goods, construction machinery and power transmission equipment to India, while Indian companies supply tractors, engineering equipment and information technology education to China.
Information technology, maybe.
Information technology (I.T).
