Hey tech fam, exciting news from Beijing! At the 24th China Internet Conference, it was revealed that over 1.1 billion people are now online, marking a 79.7% internet penetration rate. This digital surge is a game changer for innovation, not only in China but also inspiring tech trends in South and Southeast Asia. 🚀
Zhang Yunming, vice minister of China's Ministry of Industry and Information Technology, shared some jaw-dropping figures: telecom and internet businesses nearly doubled from 94,000 to 187,000, and the combined revenue of the top 10 internet companies skyrocketed from 2.4 trillion yuan to over 4 trillion yuan. Plus, the number of unicorn startups increased by more than 80% during the 14th Five-Year Plan period!
China is also setting global benchmarks in connectivity with the world’s largest 5G and gigabit optical networks. With 4.486 million 5G base stations and a 5G user penetration of 78%, along with over 200 million gigabit broadband users, the digital revolution is in full swing. Mobile internet data usage reached an incredible 186.7 billion gigabytes in just the first half of the year. 💡
For young tech enthusiasts across South Asia and Southeast Asia, this incredible growth highlights how digital innovation and AI integration are reshaping our world. Whether you’re into startups, next-gen tech, or simply staying connected, this digital wave is one to watch. Stay curious and tuned in for more dynamic tech trends!
Reference(s):
Over 1.1 billion online: China's internet penetration reaches 79.7%
cgtn.com
