China is the world’s largest consumer electronics producer, exporter, and consumer

China is the world's largest consumer electronics producer, exporter, and consumer

China’s Ministry of Industry and Information Technology said on the 8th that China is the world’s largest producer, exporter, and consumer of consumer electronics. In 2018, China’s mobile phone, computer and color TV production accounted for 90% and 90% of global production. It is more than 70%, ranking first in the world.

China has the world’s richest consumer electronics products category, with industry support, technology applications and industry service capabilities leading the world. According to statistics, in 2018, China produced 1.8 billion mobile phones, produced 300 million computers, and produced 200 million color TV sets.

China is also the world’s largest consumer of consumer electronics. In 2018, shipments of smartphones, desktop computers (PCs) and color TVs in the Chinese market accounted for 27.8%, 20%, and 20% of the global market, respectively.

From the perspective of exports, in 2018, the export value of major consumer electronics such as mobile phones, computers, color TVs and audio products was US$294.7 billion, accounting for nearly 12% of China’s total foreign trade exports.

Lu Shan, dean of the China Electronics and Information Industry Development Research Institute, said at the forum that the demand for global consumer electronics products is weak, the demand for smartphones and notebooks continues to decline, and the lack of domestic demand markets has caused difficulties in domestic sales of electronic products. He believes that emerging electronic products represented by electronic paper books and smart audio, high-end products such as 5G mobile phones and folding screen mobile phones, and fused products such as VR games and Beidou positioning are expected to become emerging consumer kinetic energy and create new products for electronic information manufacturing.

Qu Xiaojie said that in 2019, it is necessary to promote the development of ultra-high-definition video industry, and do three key tasks of virtual reality industry development, smart health care industry development, and consumer electronics intelligent transformation and upgrading.

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