China's population should be 70% urbanized by 2030 and all with mobile internet, ecommerce and social media by 2020

China is going digital very quickly. By 2016, the country will have more than 730 million Internet users and more than 380 million online shoppers, up from 460 million and 145 million, respectively, in 2010. Even China’s lower-tier cities are migrating swiftly to digital technologies. More than 16 million netizens from the country’s tier 3 and 4 cities are using mobile Internet, 80 percent of all Chinese netizens accept mobile payments, and 100 percent have used weibo (Twitter-like microblogs). Finally, as each new digital platform has been added, adoption rates have gained momentum, rising with increasing speed

China’s mobile Internet users are now ~80% of total China Internet users. More critical mass for mobile web than anywhere, and leading mobile commerce revolution.

Six of top 10 Internet properties “made in USA”—down from 9 of top 10 last year—with more than 86% of their users outside America. “China rising fast.”

Read more »