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Guangdong ranks 2nd in ICT spending

2014-December-8       Source: Chinadaily.com.cn

China's ICT market will expand at an annual rate of seven percent in the next few years. By 2020 revenue from the information technology market and telecommunication services will both reach $300 billion, according to IDC's forecast.

The information and communication technology (ICT) market in China will grow steadily in the coming years, according to International Data Corporation (IDC). China's ICT market will expand at an annual rate of seven percent in the next few years. By 2020 revenue from the information technology market and telecommunication services will both reach $300 billion, according to IDC's forecast.

ICT spending largely depend on regions' economic development and population, said IDC.

Here is a look at top 10 regions in ICT spending.

  • No 1 Beijing

IT spending in 2014: $25 billion

  • No 2 Guangdong province

IT spending in 2014: $23 billion

  • No 3 Shanghai

IT spending in 2014: $16 billion

  • No 4 Jiangsu province

IT spending in 2014: $15 billion

  • No 5 Shandong province

IT spending in 2014: $13 billion

  • No 6 Zhejiang province

IT spending in 2014: $12 billion

  • No 7 Sichuan province

IT spending in 2014: $8 billion

  • No 8 Liaoning province

IT spending in 2014: $7 billion

  • No 10 Henan province

IT spending in 2014: $6 billion

  • No 10 Fujian province

IT spending in 2014: $6 billion

Editor: 王凯

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