According to statistics from China Internet Network Information Center (CNNIC), as of June 2019, the number of Chinese Internet users has reached 854 million, and the Internet penetration rate has reached 61.2%. According to the latest report released by China Information and Communication Research Institute, the total digital economy in China reached 31.3 trillion yuan in 2018, accounting for more than one-third of GDP, reaching 34.8%.

China’s Internet industry has demonstrated “China’s speed” in 25 years, injecting a steady stream of vitality into China’s economic growth. Looking back on the development of the Internet economy, since 1994, the Chinese Internet has gone through the Internet 1.0 era represented by the portal website and the 2.0 era of BATJ, and is entering the Internet 3.0 era represented by the Internet of Things. The Internet industry has created a legend.

According to CNNIC statistics, as of the end of December 2012, China’s Internet penetration rate was 42.1%, and mobile Internet users were 420 million. By the end of June 2019, the Internet penetration rate in China had increased to 61.2%, the number of mobile Internet users has doubled to 847 million, and the proportion of Internet users using mobile phones has reached 99.1%. At the same time, the average download rate of mobile broadband in China has increased significantly, and the level of mobile Internet traffic tariffs has dropped significantly.

On March 5, 2015, the Chinese government first proposed the “Internet Plus” action plan, which aims to promote the integration of mobile Internet, cloud computing, big data, and Internet of Things with modern manufacturing, and promote e-commerce, industrial Internet and Internet finance. Healthy development guides Internet companies to expand into the international market.

With the advent of the 4G and 5G eras, the traditional industry has set off a wave of digital reforms. With the digitalization of “Internet + all industries”, the industrial Internet came into being, and a new era of AI, which is connected with everything, is opening.