China's financial sector is driving IT spending, state media reported, citing a new report by market research house CCW Research. Total IT spending in the country's financial sector is likely to hit US$3.74 billion in 2006, up 10.24% year-on-year. Growth will continue until 2008 at about 10% a year. Spending in 2008 is projected to reach US$4.65 billion.
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