Monday, October 03, 2005

Small Business: Chinese SMEs' to spend $28.36 billion on IT

According to a report issued by the China Center of Information Industry Development, Chinese small and medium-sized enterprises will spend $28.36 billion on IT in 2009.

The report also says that SMEs' demand for IT has become the principal source of growth of China's information technology market and for three years have exceeded large enterprises in terms of investment in "informationization".