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China to surpass Japan as biggest consumer of IT products

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Press Trust of India Beijing
Last Updated : Jan 21 2013 | 4:10 AM IST

China's expenditure on IT is gradually approaching Japan's, and it will hit USD 173 billion in 2013, about 4 per cent higher than Japan, according to the International Data Corporation (IDC).

In the report, published on May 17, the IDC attributes China's growth in IT consumption to increasing consumer need and government support for the sector.

Wu Lianfeng, assistant vice president of IDC China, said that driven by the popularity of intelligent terminals such as the latest mobile phones and tablet computers, China's personal consumption of IT products in 2012 will increase by 29.8 per cent year on year.

The growing need for terminals will inspire enterprises to develop more advanced IT, state-run news agency Xinhua quoted Wu as saying.

IDC China General Manager Huo Jinjie added that the central government will promote informatisation levels during the following five years, which will bring more opportunities for the development of the IT market.

  

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First Published: May 19 2012 | 3:25 PM IST

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