Difference between revisions of "The growing Chinese economy"
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When Chinese people are richer, they tend to spend more money on other things, not just food and clothes. The latest mobile devices have become fasion in China. Not just attracted by mobile devices' functions, Chinese people also use them as a way to show off. The bigger the market, the harder companies work in order to provide people the fast the latest devices. In other worlds, Chinese people's needs for new mobile devices makes a big contribution for the developing of new mobile devices technology. Of course we can say the growing Chinese economy is one of the driving forces for mobile devices. | When Chinese people are richer, they tend to spend more money on other things, not just food and clothes. The latest mobile devices have become fasion in China. Not just attracted by mobile devices' functions, Chinese people also use them as a way to show off. The bigger the market, the harder companies work in order to provide people the fast the latest devices. In other worlds, Chinese people's needs for new mobile devices makes a big contribution for the developing of new mobile devices technology. Of course we can say the growing Chinese economy is one of the driving forces for mobile devices. | ||
China's large population, huge market attracts billions of investment. It's also one of the best test place in the world for a new technology innovation. For mobile devices chinese market is extremely attractive. Here're some data from IT Facts: | |||
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<h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Paradigms</h2> | <h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Paradigms</h2> | ||
* Before: Mobile phone's first invented in the Western country, then it develops there. | |||
* Now: A big portion of mobile devices are sold in China. Top research organizations (company & non-profit) all have branches in China. Chinese people's purchasing power becomes much bigger. Mobile devices with a lot of functions sold exteremely good in China. | |||
<h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Web Resources</h2> | <h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Web Resources</h2> | ||
Revision as of 12:48, 3 May 2008
Description
Since Chinese open policy in 1979, China experienced a big change in the past 30 years. Now China becomes more and more important in World economy.
When Chinese people are richer, they tend to spend more money on other things, not just food and clothes. The latest mobile devices have become fasion in China. Not just attracted by mobile devices' functions, Chinese people also use them as a way to show off. The bigger the market, the harder companies work in order to provide people the fast the latest devices. In other worlds, Chinese people's needs for new mobile devices makes a big contribution for the developing of new mobile devices technology. Of course we can say the growing Chinese economy is one of the driving forces for mobile devices.
China's large population, huge market attracts billions of investment. It's also one of the best test place in the world for a new technology innovation. For mobile devices chinese market is extremely attractive. Here're some data from IT Facts:
Mobile handset shipments from manufacturers headquartered in China grew dramatically in 2007, reaching 229 mln units for the year, representing a 76.2% annual growth rate from 130 mln in 2006. However, this rate of growth will slow considerably in 2008, dropping to about 19.7% to reach 274 mln units, according to iSuppli Corp. (from IT FACTS)
In-Stat published its outlook on Chinese mobile phone and handheld market. Multimedia phone shipments in China will reach 165.0 mln in 2011, representing a penetration rate of 81%. High-pixel camera phones will be the next competitive focus in China’s multimedia phone market. Mobile phone makers are aiming to change cellphones into personal communication and entertainment centers. Chinese mobile users show a strong preference for combined MP3 players/mobile phones. Around 70% of Chinese music phone and camera phone owners express strong interest in more high-end equipment. (from IT FACTS)
Chinese people change their mobile devices every 8-12 months while in the Europe, people change their mobile devices every 40 months on average. (from Chinese mobile phone change rate)
Enablers
Inhibitors
Paradigms
- Before: Mobile phone's first invented in the Western country, then it develops there.
- Now: A big portion of mobile devices are sold in China. Top research organizations (company & non-profit) all have branches in China. Chinese people's purchasing power becomes much bigger. Mobile devices with a lot of functions sold exteremely good in China.
Web Resources
- http://www.isuppli.com/news/default.asp?id=8785&m=2&y=2008
- http://www.itfacts.biz/229-mln-mobile-phones-sold-in-china-in-2007/9842
- http://www.itfacts.biz/165-mln-multimedia-phones-to-sell-in-china-by-2011/8789
- http://www.chinalabs.com/view/ZXKM0MUD.html
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