Due to the impact of the coronavirus (COVID-19) on the Chinese and world economy, business and government purchases for technology goods and services in China are predicted to drop between two and six percent in the first quarter of 2020. However, tech spending in China is expected to resume growth by the second quarter, ultimately growing by 2.3 to 4.5 percent in the full year of 2020.
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Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020
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Forrester Research. (March 27, 2020). Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/
Forrester Research. "Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020." Chart. March 27, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/
Forrester Research. (2020). Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/
Forrester Research. "Growth Scenarios of Business and Government Purchases of Technology Goods and Services in China, under The Impact of Coronavirus (Covid-19) in 2020." Statista, Statista Inc., 27 Mar 2020, https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/
Forrester Research, Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020 Statista, https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/ (last visited December 21, 2024)
Growth scenarios of business and government purchases of technology goods and services in China, under the impact of coronavirus (COVID-19) in 2020 [Graph], Forrester Research, March 27, 2020. [Online]. Available: https://www.statista.com/statistics/1109719/china-business-and-government-tech-goods-and-services-purchases-quarterly-growth-coronavirus/