Tourism has become an important consumption necessity in China as 98% respondents in a Ctrip survey expressed their intentions to travel in 2017.
“Alibaba economy” to generate about 30% of all jobs in 2035
The “Alibaba economy” could generate about 122 million of the 415 million total jobs available in China’s digital economy or 29.4% of all the jobs in 2035 from today’s 31 million jobs according to BCG.
China smartphone market overview in Feb 2017
iOS market share dropped to 26.3% in China’s smartphone market from 29.1% in January 2017 according to a research company Newzoo.
Top 7 Mobile News Apps in China in Feb 2017
Tencent News is the top mobile news app by the total number of monthly active users (150.6 million), followed by Toutiao, Tiantian (also owned by Tencent), Sohu News, and Phoenix News.
China has 249 billionaires, worth US$670 bn in 2016
There are 2,397 billionaires in the world, which represents a 3.1% decline in billionaire population in 2016, the first annual decrease since the global financial crisis according to Billionaire Census 2017 by Wealth-X.
China bike sharing market insights
China bike sharing market is estimated to reach US$1.5 billion (+735.8%) and 209 million users in 2017. Ofo, Mobike, and Ubike are the top brands in the market with the highest brand awareness while Baicyle is also in the top 3 by user satisfation after Ofo and Mobike.
China online travel market overview 2012-2019
China online travel market totaled 602.6 billion yuan (US$87.46 bn) in 2016 with an increase of 34%. It’s estimated to exceed 1 trillion yuan (US$147 bn) in 2019.
Top 10 public companies by game revenues in 2016
Tencent is the number one public company ($10.2 bn) in the world by game revenues in 2016, followed by Sony ($7.88 bn) according to Newzoo. Another Chinese company Netease also made it to the top 10 ($4.2 bn) whose revenues grew by over 50%.
China third-party online payment overview 2011-2019
The total transactions of third-party online payment in China totaled 19.2 trillion yuan (US$2.79 trillion) in 2016 with an increase of 62.2%; the growth is slowing down but will continue to grow to 26.9 trillion yuan (US$3.91 trillion) in 2019.
China online gaming market overview 2011-2019
China online gaming market reached 177 billion yuan (US$25.7 bn) in 2016 and is estimated to grow to exceed 232 billion yuan (US$33.69 bn) in 2019 according to data from iResearch.
China SME B2B e-commerce market overview 2012-2019
SME B2B e-commerce market totaled 23.6 billion yuan in 2016, representing close to half of total e-commerce market in China. Alibaba has close to 50% market share in 2016.
China’s online edu market to reach US$23B with 162M users in 2019
China’s online education market is estimated to exceed 162 million users in 2019 from 90 million in 2016; and, this market will grow to exceed 269 billion yuan (US$39 bn) in 2019 from 156 billion yuan (US$22.7 bn) in 2016.
China online shopping market forecast 2017-2019
The total transactions of China’s online shopping market totaled 4.7 trillion yuan (US$680 bn) in 2016 with an increase of 23.9%; and, it’s estimated to reach 7.3 trillion yuan (US$1.06 trillion) in 2019. Tmall dominates China’s B2C online shopping market with over 56% market share.
Digital trend of China fund, insurance, p2p loan market 2012-2020e
The total e-commerce transactions of fund market in China is estimated to reach 11.2 trillion yuan (US$1.63 trillion) in 2016; it’s estimated to double the current amount to 26 trillion yuan (US$3.78 bn) in 2020.
China’s ZTE the biggest filer of int’l patent applications in 2016
China’s ZTE overtook its rival Huawei as the biggest filer of international patent applications via WIPO in 2016 according to WIPO.