China’s IT Expense to Surpass Japan in 2013.docVIP

China?s IT Expense to Surpass Japan in 2013 As China gains more regional superiority and its economy keeps surging, China will achieve another key indicator: it will surpass Japan to become the largest consumer of IT products and services in Asia Pacific. The IDC?s latest IT forecast shows that China?s IT expense is gradually reaching Japan?s level; by 2013, China?s IT expense will total USD 173 billion, 4% more than that in the Japanese market. The IDC attributes China?s IT expense growth to two key factors: consumers? increasing IT demands and the IT opportunities brought by the “12th Five-year Plan” proposed by the Chinese government. “Individual consuming electronic products will become intelligent day by day and will expand into the medium- and small-sized cities. Consumption upgrading, intelligent home furnishing, intelligent cars as well as intelligent housing and property management will drive rapid growth in manufacturing, retail business and the service industry along the industrial chain, which will eventually stimulate staggering IT demands. Driven by the growth engine — intelligent terminal, the individual IT consumption market is expected to gain a 29.8% growth this year; such individual appliances as intelligent smart phones and tablet PCs will keep the momentum for rapid growth. End-users? application demand will promote the development of the corporate-level IT market, and consumers? use of mobile application and corporate individual consumers? mobile application will drive the development of corporate-level hardware, software and integrated services,” said Wu Lianfeng, Assistant Vice President of IDC China. “The major programs in the Chinese government?s 12th Five-year Plan have brought lots of IT opportunities. For instance, in order to enhance the overall informationization level of the society, the government will be in support of the steady and fast development of e-commerce. E-payment and online shopping will drive investments in infra