China's IT market is expected to increase sharply this year and the economy in the country is not as badly affected as the economies in many other parts of the world.

Right now, major investments are carried out and there are also plans to increase IT investments further in branches as Telecom, energy and education.

According to the research firm Springboard Research, China's IT market is expected to expand significantly. In fact by as much as 11 percent this year which is a major step in the right direction.

Neighboring countries such as Taiwan and Hong Kong are not doing as good. A downturn is predicted because there is a substantial decrease in demand for consumer products. The main reason for China's success is the huge domestic market and its financial system.

There are national stimulus packages, and in November last year, China carried out an incentive package worth nearly five thousand billion SEK in order not to become too affected by the crisis.

China's GDP may increase by as much as 9 percent in the fourth quarter of 2009, so China is thus still an attractive market right now unlike many other countries.

                                                                                   Cecilia Helland