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People's Daily Online>>China Business

China launches IT Market Index

(The Economic Daily)

16:47, November 17, 2011

Edited and Translated by People's Daily Online

Beijing, Nov.17 (People's Daily Online) --The ceremony for the launch of the China IT Market Index was held on the afternoon of Nov. 15 in Shenzhen, indicating that the Ministry of Industry and Information Technology of China (MIIT)'s work of monitoring the IT market has been fully started and made a delightful achievement.

The China IT Market Index is a sales index that reflects the situation of China's IT product circulation links. It is jointly constructed by the electronic product blocks of various cities, and its implementation is authorized to the China Electronics Chamber of Commerce (CECC) by the MIIT.

The launch of the China IT Market Index means that China's terminal (distributing) market of IT products will be monitored via the index. The project is led and supervised by the Bureau of Operation, Monitoring and Coordination under the MIIT and organized and implemented by the CECC.

In the first stage, monitoring of the special IT market channels will be carried out. In the second stage, monitoring on distribution channels of 3G products and e-commercial channels will be carried out. The first value of the index will be released in the 13th China High-Tech Fair, and then new values of the index will be upgraded periodically. The index will turn into an indicator of China's IT market.

The index is compiled step by step in different places and according to different products. After communicating and making preparations for a long period, MIIT has established the first batch of IT Market Index monitoring stations in six major IT product distribution centers of the Huaqiang North of Shenzhen, Zhongguancun Village of Beijing, Sanhao Street of Shenyang, Technological Street of Chengdu, Hongshan Technological Street of Wuhan and Technological Market of Zhengzhou. The operation center of the index is in the Huaqiang North of Shenzhen.

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