[Industry News] Overview and current situation analysis of China's electronic industry from 2014 to

(1) Electronic information industry　

The electronic information industry is the pillar industry of the national economy, which is closely related to people's life. The electronic information industry has maintained a rapid growth rate despite the continuous downturn of the global economy and the slowdown of domestic economic growth. According to Wind Information, the main business income of China's electronic information industry increased from 5125.305 billion yuan in 2008 to 9320.229 billion yuan in 2013, with a compound annual growth rate of 12.70%, higher than the growth rate of the national economy in the same period.

Main business income of domestic electronic information industry from 2008 to 2013

As an important part of the electronic information industry, other computer manufacturing industries grew rapidly. In 2013, the business income of other computer manufacturing owners reached 106.459 billion yuan, with a year-on-year growth rate of 26.59% [2]. As the theme of China's national economic development has gradually changed from "pursuing speed" to "pursuing quality", and the industrial structure has been constantly adjusted and optimized, the electronic information industry will play an increasingly important role, and other computer manufacturing industries will still maintain a rapid momentum of capital increase.

(2) Paperless application industry

With the rapid development of computer technology, the penetration and transformation of IT technology into traditional industries is an important sign of informatization. According to Wind information statistics, the market size of IT solutions in banking and telecommunications industries in 2012 respectively reached 12.17 billion yuan and 13.87 billion yuan, with considerable market space.

Market scale of IT solutions in domestic banking and telecommunications industries from 2006 to 2012

　Most of the downstream customers in this industry are large state-owned enterprises. These customers usually initiate procurement demands from suppliers in the form of centralized bidding, so the customer concentration of enterprises in this industry is generally high. If the business demand structure of a major customer changes significantly in the future, it will adversely affect the business stability of the supplier.