7th China Internet Audio & Video Convention Opens in Chengdu

Authors: Go Chengdu


Chengdu is home to a large number of excellent companies specializing in network audio-visual display terminals.
As the largest-scale and highest-standard annual event of its kind in China, the 7th China Internet Audio & Video Convention kicked off May 28 here in Chengdu, a city that is making its greatest efforts to develop new economy and drive tech innovation.
Statistics show that as of June 2018, the user base of online videos in China had reached 609 million, 76% of the country's total number of netizens, and an increase of 30.14 million over that by the end of 2017. Such a large audience suggests a huge market and a bright future for audiovisual products as well as tech-driven audiovisual experiences. During the Convention, a number of sub-events and activities focusing on large-screen and ultra high-definition display terminals will be held.
Chengdu is home to a large number of excellent companies specializing in network audio-visual display terminals thanks to its can-do spirit and strong innovation climate. According to the statistics from the Chengdu Municipal Bureau of Economic and Information Technology, over the recent three years, the city's annual income from the new-type display panel industry has been rising by over 25% on average. And in 2018, the total yearly earnings of the enterprises above the designated size from their main business operations hit RMB26.7 billion, a year-on-year increase of 30%.

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