Analysis report of China's 3C industry in 2019

3C products, also known as information home appliances, are the general name of computers, communications and consumer electronics. Communications include mobile phones, walkie-talkies and mobile phone accessories, while consumer electronics include photocameram, digital accessories, audio-visual entertainment, smart devices, electronic entertainment and wearables.

In recent years, with the favorable policies, related technology and market demand, the industry has been rapid development, to the current 3C market in China has entered a stable development period. It is expected that with the improvement of living standards and consumers' pursuit of product performance, China's 3C product consumption will continue to upgrade.

At present, China is the world's main consumer electronics manufacturing market, more than 70% of electronic products are manufactured and assembled in China. Although the growth of traditional consumer electronics has slowed down in recent years, the rapid growth of new consumer electronics, represented by mobile phones, tablets and wearables, has provided a steady impetus for China's electronics manufacturing industry.

In 2019, the growth rate of value added in China's electronic information manufacturing industry has slowed down. According to the data, as of November 2019, the value added of Electronic information manufacturing industry above the scale of China increased by 8.9%, while the value of export deliveries increased by 1.6%. In November, the value added of China's electronic information manufacturing industry above the scale increased by 9.7% , while the value of export deliveries decreased by 1.5%.