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The Chinese electronics market - Your opportunity
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The year 2011 marks the third year since the
implementation of the National Revitalization Plan on Electronics,
which was set up by the Chinese government to encourage the growth of
the Chinese electronics industry after the global financial crisis in
2009. It is also the first year of the 12th Five-Year Plan. China will
speed up its construction of IT infrastructure, and promote the
integration of telecommunications networks, cable TV networks and the
Internet. It is also going to encourage advances in the research and
application of Internet for Things and Cloud Computing technologies.
Internet for Things, automobile electronics, medical electronics and
LED lighting are expected to maintain strong growth --- all ensuring a
bright perspective for the electronic components industry in China,
which is expected to grow by 10% in 2011.
- After the crisis in 2009, China’s position is now better than before. BIP grew by round about 10% in 2010 and is predicted to grow by 8.6% - 9.9% in 2011. (gtai, Wirtschaftstrends VR China Jahreswechsel 2010/11, 12/2010)
- Foreign trade in China grew by 35% in 2010 and will reach new record figures in 2011. (gtai, VR Chinas Außenhandel mit hohen Zuwachsraten, 02/2011)
- The electronics industry remains the strongest branch of the world’s economy.
The branch grew by 15% in China in 2010 and in 2011 the growth is predicted to slow down but it will still reach 10%. (ZVEI, Welt-Elektromarkt – Ausblick auf 2010 und 2011, 05/2010)
- Since 2008 Asia holds more than 50% of the worldwide market share in semiconductors. The shift towards Asia is still ongoing, even though it slows down. (ZVEI, Mikroelektronik – Trendanalyse bis 2013, 12/2009)
- In 2013 the Asian market for semiconductors will be 4 times
bigger than the European one and 3 times bigger than the American and
Japanese one. (ZVEI, Mikroelektronik – Trendanalyse bis 2013, 12/2009)
- “Asia, and especially China is and will remain the
superpower in the market of semiconductors also in the years until
2013.” (ZVEI, Mikroelektronik – Trendanalyse bis 2013, 12/2009)
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