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 third world countries.
As of the end of 2017, there were 4,069 business incubators, 5,739 maker space, and over 500 accelerators in China, which brought jobs to over 3 million persons and supporte...
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