Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Industries
 Search News  Or
China to become largest IT consumer in Asia Pacific

May. 21, 2012 (China Knowledge) - China is expected to overtake Japan as the world's largest consumer of IT products and services in the Asia Pacific soon, according to the latest report released by the International Data Corporation (IDC).

China's IT consumption is estimated to increase to US$173 billion in 2013, 4% more than that of Japan, due to rising consumer demand and government support for the sector, said the report.

This year, the country's personal consumption of IT products will jump 29.8% YoY, boosted by the popularity of intelligent terminals like the latest mobile phones and tablet PCs, according to Wu Lianfeng, assistant vice president of IDC China.

Huo Jinjie, general manager of IDC China, added that the there would be more opportunities in the IT market in the next five years as the central government will promote the country's informatization level and continue to support the development of E-commerce.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved