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Upon joining the WTO, China has seen fast economic growth and becomes one of the major manufacturers of household appliances, ranking the first in the world in terms of production volume of various household appliances.
According to CRI, with the support from the Chinese government, the size of pro market will surpass that of commercial UAV mainly used for aerial photography.
CRI estimates that by the end of 2021, the reserve volume of smart TVs will have exceeded 300 million. There is plenty of room to grow in the next few years and other audio and visual devices will also benefit.
According to CRI, after a decade of fast growth of the electronics industry, China's semiconductor material market has become the world's largest with a market size of over USD 9 billion, accounting for more than 20% of the world.
China mainly exports low-end industrial automation control systems and devices, optics devices, medical devices, electrical devices, experiment analytical instruments and weighing apparatus.
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