China plans to expand its print printing capacity with $10 billion expansion in 2019

China is planning to expand the number of digital printing machines in its economy in 2019, as the country plans to spend $10.6 billion to expand print production, a move that could lead to higher print prices in the long run.

China has been expanding its printing capacity since 2013, when the country announced a $2.5 billion expansion of digital print capacity, and by the end of 2019 it planned to increase its digital printing capacity to 6 million printers, which is three times its current capacity.

Print production capacity in the country was projected to reach 5.5 million printers in 2019 and 9.1 million printers by 2030, according to a report by the International Federation of the Phonographic Industry, which represents printers.

That would be a 15 percent increase from 2020.

China has the second-largest number of printed pages in the world behind the United States.