15 Apr 2021

IDC Directions 2021 Takes A Closer Look at China’s 14th Five Year Plan’s Opportunities and Challenges

SINGAPORE, April 15, 2021 – In 2021, IDC expects China ICT spending to reach US $465.4 billion with a growth of 5%. 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 invites you to be part of IDC Directions: The China Next-Normal ICT Agenda happening on April 28, 2021, 10am to 12nn SGT. Led by IDC thought leaders in China, Kitty Fok, Managing Director, and Zhenshan Zhong, Vice President of Emerging Technology Research, 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 Kitty Fok, Managing Director at IDC China.

To register for IDC Directions: The China Next-Normal ICT Agenda, click HERE !

2021 is a waterfall year for China, with its 14th Five-Year Plan outlining priority tech investments and infrastructure that will propel the country to economic and developmental growth. Expect to better understand during this webinar:

  • China’s latest ICT priorities as outlined in its 14th Five Year Plan, alongside the seven major infrastructure projects supported by the government’s stimulus initiatives.
  • Emerging technologies that will support China's plans for economic growth and global competitiveness.
  • How China's digital agenda aligns with IDC's Future Enterprise framework, and how technology suppliers can capitalize on more growth/expansion opportunities in China.

For over 50 years, IDC's annual Direction’s conference has been delivering an informative and actionable overview of the issues shaping the information technology, telecommunications, and consumer technology markets. The event is held in North America and key Asia cities including Singapore, Shenzhen, Beijing, and New Delhi:

1) China: Shenzhen – April 14

2) China: Beijing – May 11

3) India – May 05 & 12

Join us as well for the upcoming IDC Directions India happening on May 5 & 12 as IDC will provide essential guidance on how Indian enterprises can accelerate the adoption of digital technologies to become digitally resilient in this changed world. IDC reports only 36% of Indian enterprises were sufficiently or exceptionally prepared to handle the crisis in 2020. For more information or to register for the event, click HERE.

For media inquiries, please contact Tessa Rago at trago@idc.com or Alvin Afuang at aafuang@idc.com.

*Note: Asia/Pacific excluding Japan

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About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.

Coverage

Regions Covered

China


Topics Covered

Global IT and economic markets