China Sector Analysis: Information Technology

8. China Ministry of Industry and Information Technology, “Electric Components Industry Set to Receive Significant Policy Support,” Feb 1, 2021.

9. Brookings, “Lagging but motivated: the state of China’s semiconductor industry,” Jan 7, 2021.

10. Tech Node, “Where China is investing in semiconductors, in charts,” Mar 4, 2021.

11. Chinese government, “The 14th Five-Year Plan for National Economic and Social Development of the PRC and Outline of Distant Goals for 2035,” Mar 13, 2021.

12. TechSpot, “China will use aging chips while its semiconductor industry catches up,” Mar 5, 2021.

13. McKinsey, “China and the World Report: Inside the Dynamics of a Changing Relationship,” Jul 2019.

14. Gizmochina, “China’s MIIT releases list of top 100 software companies; Huawei leads again, Xiaomi makes top 10,” Jan 20, 2020.

15. Dezan Shira and Associates, “China’s SaaS Market is Booming: Why foreign investors should pay attention,” Apr 8, 2019.

16. TechNode, “Where are China’s SaaS giants?,” Sep 30, 2020.

17. Gizmochina, “Huawei and ZTE global telecom market share rises thanks to 5G in China,” Dec 4, 2020.

18. Forbes, “DHC Software.”

19. Chinese Government, “Li Keqiang Discusses Made in China 2025: Moving from a big manufacturing country to a strong manufacturing country,” Aug 10, 2017.

20. MSN, “Huawei is reportedly working on pig-farming AI, as US sanctions continue to hit smartphone sales,” Feb 19, 2021.

21. World Economic Forum, “42% of global e-commerce is happening in China, here’s why,” Apr 10, 2018.

22. Statista, as of Nov 10, 2020.

23. Bloomberg, as of Mar 26, 2021.

24. South China Morning Post, “China doubles down on 5G roll-out in 2021 despite complaints about spotty coverage, hard-selling,” Dec 29, 2020.

25. Counterpoint Research, “Global Smartphone Market Share: By Quarter,” Feb 22, 2021.

26. GizChina, “Xiaomi is the leader in the smartphone market in India in 2020,” Feb 16, 2021.

27. Gartner, “Worldwide PC shipments grew 10.7% in fourth quarter of 2020 and 4.8% for the year,” Jan 11, 2021.

28. Shenzhen Stock Exchange, as of Mar 24, 2021.

29. Shanghai Stock Exchange, as of March 24, 2021.

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