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July 20, 2018, 13:11 Beijing, July 20 (PL) China has experienced a rapid expansion in the number of mobile payment service users, according to a report on the behavior of the mobile payment service. Internet in the country, published today
In statements to Prensa Latina about this topic, Ju Xiaofeng, chairman of Hit Big Data Group, pointed out the intention of the Chinese government to integrate the Internet, big data, the Artificial intelligence and the real economy to encourage new growth.
It can be expected that in the future the smart city Smart financing, intelligent education, intelligent health, intelligent transportation, among other fields, will allow all kinds of cooperation in applications bulky data, he said.
n that the volume of online shopping transactions reached 7.2 billion yuan ($ 1.1 trillion) last year, an increase of 32.2% over 2016.
This increase is directly related to the expansion in the Asian giant of the number of cybernauts, figure which exceeded in January the 770 million.
According to the report, 97.5 percent of this total are mobile Internet users, which is why China is the largest mobile payment market in the world.
The Asian giant has the largest 4G network in the world and plans to build 450,000 new base stations this year, the paper notes.
In addition to online shopping, mobile payment has expanded to stores, restaurants and other places of commerce, becoming a part of the daily routine of millions of residents.
ocs / idm
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