China's post and telecommunications sector realized 523.47 billion yuan (US$69.7 billion) in business revenue in the first eight months of this year, up 11 percent on last year's same period, the Ministry of Information Industry said on Tuesday.

The total included 475.29 billion yuan for the telecommunications business, up 10.7 percent, and 48.18 billion yuan for the postal business, up 14.3 percent.

From January to August, the number of mobile phone users amounted to 515.67 million nationwide, up 54.59 million on last year. Meanwhile, subscribers to broadband Internet services numbered 61.92 million.

At the end of August, there were 28.4 fixed-line telephones and 38.3 cell phones for every 100 Chinese people nationwide.

According to the ministry, 132 billion yuan was pumped into fixed assets for the telecommunications sector in the first eight months, up 11.1 percent, and 1.58 billion yuan was injected into the postal sector, up 2.6 percent.