Cultural consumption highlights in 2014

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Information consumption: highlights of the 4G era

2013 can be called "the year of big data", when unprecedented vitality was released in information consumption. According to a forecast from the China Center for Information Industry Development, the direct consumption of information products and services will reach 3.38 trillion yuan and include around 2 trillion yuan in e-commerce sales. The hotspots of information consumption in 2014 will be smart information terminals, broadband services, smart industrial consumption goods, internet content and applications services, and e-commerce.

According to Zhao Ping, deputy director of the Consumption Economy Research Department of Chinese Academy of International Trade and Economic Cooperation, information consumption is expected to be a major highlight in 2014. Hardware and communications are both expected to enjoy significant growth, while e-commerce, audio and video will also perform well in their markets.