COVID-19 impact China - tech industry growth 2020

Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020

Growth scenarios of China tech goods and services purchases - Covid-19 impact 2020

Last update:

Apr 6, 2020

Author:

��ƽ�� Research Department

Region:

China, People's Republic of

Survey time period:

From 01/01/2020 to 31/12/2020

Due to the impact of the coronavirus (COVID-19) on the Chinese and world economy, business and government purchases for technology goods and services in China are predicted to drop between two and six percent in the first quarter of 2020. However, tech spending in China is expected to resume growth by the second quarter, ultimately growing by 2.3 to 4.5 percent in the full year of 2020.

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Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020

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