The compound annual growth rate for the number of internet users in China for the decade grew at 8.9%, faster than the average growth level of GDP, comparing to 2.6% in the US.
The penetration of the internet increased from 28.9% in 2009 to 58.5% in 2018. Assuming the internet penetration could reach as high as 76.8% as its U.S. counterpart, this figure still had at least 18.3% room of the development. The growth would mainly come from new users, lower-tier cities users, and elder users.
Even since 2009 till today, the presence of internet users in the US kept declining (from 12.6% to 6.5%). In contrast, though Chinese internet users maintain the presence at a rather steady level, it showed a sign of sliding down. It indicates that the major increase part will be from thi...
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