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The market size of China's electronic information manufacturing industry continues to expand

2024-07-08


Recently, the China Federation of Logistics and Purchasing released the "China Electronics Industry Supply Chain Development Report (2024)". According to the report, the market size of China's electronic information manufacturing industry continues to expand. Among the key projects in the electronic industry supply chain in 2023, the number of key projects involving digital innovation is the highest. Digital innovation has become the core driving force for the development of the electronic industry supply chain.

According to the report, the size of China's electronic industry supply chain market is approximately 37.72 trillion yuan. With the acceleration of global informatization and digitization, the market demand for electronic information products continues to grow. Coupled with favorable policies introduced at the national level, the market size of China's electronic information manufacturing industry continues to expand, and the number of related enterprises is increasing year by year. In 2023, the number of electronic information manufacturing enterprises was approximately 41200, an increase of approximately 17.26% compared to the previous year.

From 2013 to 2023, China's electronic information manufacturing industry has maintained its position as the largest industry for 11 consecutive years. Since the beginning of this year, the economy of China's electronic information manufacturing industry has been steadily improving, with a year-on-year increase of 13.8% in industry added value from January to May, and a continuous optimization of product structure.

According to the statistics of the Electronic Industry Supply Chain Branch of IoT, there were a total of 3365 key projects in China's electronic industry supply chain in 2023. Among them, there are 345 and 291 key supply chain projects in the energy electronics and automotive electronics industries, respectively. With the transformation of the global energy structure and the intelligent development of the automotive industry, the energy electronics and automotive electronics markets have shown enormous growth potential.

In addition, over 90% of the key projects in the electronic industry supply chain in 2023 involve digital innovation, which has become the core driving force for the development of the electronic industry supply chain.

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