WeChat drove information consumption of 209.7 billion yuan in 2017, equivalent to 4.7% of China's total information consumption over the same period. The average annual growth from 2014 onwards surpassed 30%, 12.8 percentage points higher than that of China's information consumption.
In 2017, China's digital economy totaled 27.2 trillion yuan, an increase of 20.3% year-on-year, accounting for 32.9% of GDP. Information consumption serves as the source of force driving the rapid development of the digital economy.
In 2017, China's information consumption totaled 4.5 trillion yuan, accounting for 10% of the final consumption expenditure. It is expected to expand to 6 trillion yuan by 2020 at an average annual rate of over 11%, driving 15 trillion yuan output in related fields.
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