China: internet market revenue 2022

In 2019, the revenue of China's internet economy amounted to approximately 5.4 trillion yuan, indicating an over 21 percent year-on-year growth rate. The internet economy market in China was expected to continue to grow with a smaller scale, given that the macroeconomy fluctuations affecting the consumer internet sector and more stricter regulations on internet finance.

Annual revenue of the internet economy in China from 2013 to 2019, with estimates until 2022 (in billion yuan)

Characteristic	Revenue in billion yuan
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Release date

November 2020

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Region

China

Survey time period

2013 to 2019

Supplementary notes

*Estimate.
One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of January 2021).

Internet economy revenue refers to the sum of the revenue of the enterprises generated by the internet-related business, covering internet media, entertainment, consumption and lifestyle, internet finance, online education, online medical, transportation services, and other core segments.

The statistical caliber of the revenue of internet economy is enterprise revenue (not GMV), including online advertising, user payment, service fee and revenue in other forms.

The data are calculated with a focus on consumer market and based on the financial results published by related enterprises and interviews with experts in iResearch statistical model.

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