The monthly active devices of China mobile internet has held steady at over 1 billion units, seeing slow growth in 2017. The year-on-year growth rate also shows the gradual step-down trend.
China’s mobile payment transaction value has already reached US$5.5 trillion in 2016, which is estimated to reach US$15.4 trillion in 2017. The number of mobile payment users in China has climbed from 578 million in 2016 to 726 million in 2017, according to QuestMobile.
In contrast, the mobile payment transaction value in the US was only US$1.12 trillion, which is estimated to reach US$2.2 trillion in 2017, lagging behind that of China.
Daily time spent per user is 236.8 minutes or 3.9 hours. The growth of monthly time spent of Chinese netizen remains sluggish with daily time spent per...
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