Country Sector Summary ICT - China
ICT is one of the most dynamic sectors in the Chinese economy, representing 10% of GDP. The sector is dominated by large private players. This makes the sector very different to other cornerstone industries in China.
In addition to the three internet giants (Alibaba, Baidu and Tencent) Chinese companies are global leaders in the areas of telecommunications (Huawei), mobile phone manufacturing (Oppo, Vivo, Xiaomi and ZTE) and home appliance manufacturing (Haier, Gree and Midea).