43% of music albums are sold in digital form; low-budget films win great success; more and more fiction, films and television plays become sources of cartoons; self-publishing make it possible to issue your own publications—along with new trends in globalized culture , what will be the cultural highlights in China in 2014?
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 3.382 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.
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