1. Import forecast

China's new electronic components in recent years has been slowly realized from the technology to catch up, in the next few years the import volume will be further improved, with the increase in demand for localization, and its own production capacity and production skills to enhance the import growth may be down in the future, but by China's strong downstream demand in recent years, the possibility of a sharp drop in imports in the short term is low. The main reason is that the existing domestic production capacity is not enough to fully meet the downstream development.

2. Export forecast

From the trend of recent years, China's export has increased in order of magnitude, but the growth rate of amount lags behind the growth rate of quantity. On the one hand, it also reflects the low added value of export products. In the future, China is expected to achieve a qualitative improvement in export on the premise of technological improvement.

2020 is expected to be the most prosperous year in the past five years. Driven by 5G, Internet of Everything and artificial intelligence, we are expected to see opportunities in various electronic hardware segments. In addition, as domestic electronic supply chain enterprises gradually enter the global stage, all fields will usher in rapid profit growth. In the field of consumer electronics, 5G will be the core driver in 2020. In the past two weeks, Qualcomm and MediaTek have released 5G flagship chips to provide basic support for the release of 5G smart terminals in 2020. In 2020, a series of terminal products such as watches and glasses will inject strong growth momentum into consumer electronics. From the perspective of subdivision, we are optimistic about RF, optics, appearance, power supply and other tracks.

With the development of science and technology, the demand for consumer electronic products is becoming more and more vigorous, resulting in the shortage of some electronic components. Automotive electronics, Internet application products, mobile communications, smart home, 5G, consumer electronics and other fields have become the continuous driving force for the development of China's electronic components market, driving the market demand for electronic components, and accelerating the replacement of electronic components. From the perspective of downstream demand, the development prospects of the electronic components market are very promising.

The electronic industry plays an important role in the development of the national economy. Driven by the trend of deep integration of industrialization and industrialization, the status of China's electronic components industry will be improved and become the key to the long-term development of the industrial field. With the acceleration of China's overseas expansion, more and more Chinese electronic component manufacturers are developing in the direction of internationalization, intellectualization and high-end, and the international competitiveness of China's electronic component industry will be further enhanced.