China's per capita security products are valued by the government as an international leader

Looking at the ratio of per capita security product sales/per capita GDP, China is currently at a relatively high level, higher than the EU and other developed countries, showing that the Chinese government attaches great importance to security construction and investment demand is at a high level. This can be manifested in the "National Security Committee Established, Perfecting the National Security System and National Security Strategy to Ensure National Security" put forward at the Third Plenary Session of the 18th CPC Central Committee.

With the continuous development and changes in the domestic and international environment, the scope of national security is not limited to national defense, military, and diplomacy, but has expanded to include economy, finance, energy, information, culture, and society. Security has been elevated to a strategic level. This policy will drive the localization of security equipment and continue to benefit from the national security dividend.

From the comparison of the absolute value of per capita security product sales and per capita GDP, China's per capita security product sales and per capita GDP are lower than other major regions. In 2012, per capita security product sales accounted for only 20% of North America. . As the level of GDP rises, sales of per capita security products will also continue to increase. It can be seen that there is still much room for growth in China's security market.

In addition, from the perspective of recent orders, companies such as Yinjiang and Yihualu recently announced smart city orders one after another. Orders landing showed that government investment (Safe City and smart city) continued to increase investment, and they were not affected by the economic slowdown. There is still speed up.