IDC Directions 2021 Takes A Closer Look At China’s 14th Five Year Plan’s Opportunities And Challenges
By Ron Chen, Correspondent ASEAN Region
In 2021, IDC expects China ICT spending to reach US $465.4 billion with a growth of 5 per cent. As China continues to lead Asia/Pacific in tech infrastructure and investments through its 14th Five-Year Plan, enterprises will pay close attention on the latest ICT plan as it indirectly dictates innovation and spending in the region, outline where the market is heading, and finally highlight technology trends which can be capitalized to help capture better market opportunities in China.
IDC Directions: The China Next-Normal ICT Agenda is happening on April 28, 2021, 10am to 12nn SGT. Led by IDC thought leaders in China, Managing Director, Kitty Fok, and Vice President of Emerging Technology Research, Zhenshan Zhong, IDC Directions: China will deliver insights on key market trends in the country, tech investments being prioritized by the Chinese government, and how leading technology players must plan out product development, introduce new services, and establish new partnerships to better capture opportunities in this market.
“There will be a shift towards home-grown innovation in China under the direction of the 14th Five Year Plan. So to remain active and thrive in the World’s largest growing economy, we must study these guidelines as they change the rules of the game over the next 5 years,” says Managing Director at IDC China, Kitty Fok.
