China’s appetite for online entertainment content has seen explosive growth. In 2021, the estimated revenue of the online video market in China was approximately 131 billion yuan, double the revenue of 2016. The Chinese online video market was dominated by three tech giants: Baidu (iQiyi), Alibaba (Youku Tudou), and Tencent (Tencent or QQ Video), collectively known as BATs.
The early bird’s fall
Once known as China’s Youtube, Tudou and Youku were the most popular video platforms in the country until other rivals arrived on the scene. In early 2010, iQiyi and Tencent Video were launched, while Youku merged with Tudou with a shift to low-cost in-house production. The competition became intense, especially when iQiyi acquired the streaming rights of overseas blockbuster shows. Being drawn into the costly content race, Youku Tudou slowly lost its market dominance in terms of content variety. It was then acquired by Alibaba Group in 2015.
A fierce battle
Today, the online video arena remains fierce with soaring content costs and cutthroat competition. With a diversified content library, iQiyi, the so-called "China's Netflix", has become the market leader in terms of monthly unique visitors and monthly active app users. The entertainment tycoon planned to expand its business into short-form videos, which is still dominated by Douyin (TikTok). On the other side, Tencent has also invested millions of dollars in gaming and eSports streaming platforms, like Huya and Bilibili. With the roll-out of 5G in China, the online streaming and video sector will see plenty of room for growth.
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China Transaction Price: 36 City Avg: Hot Roll Sheet: 4.75, Q235B data was reported at 3,751.080 RMB/Ton in Jan 2025. This records a decrease from the previous number of 3,813.820 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Hot Roll Sheet: 4.75, Q235B data is updated monthly, averaging 4,042.740 RMB/Ton from Dec 2011 (Median) to Jan 2025, with 158 observations. The data reached an all-time high of 6,148.430 RMB/Ton in May 2021 and a record low of 2,102.000 RMB/Ton in Dec 2015. China Transaction Price: 36 City Avg: Hot Roll Sheet: 4.75, Q235B data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Steel Price.
China is home to the largest online community in the world. According to estimates, the Chinese internet population was around 1.04 billion in 2022 and would reach 1.18 billion by 2026. By comparison, the internet user-base of the United States was around 307 million in 2022. The country’s internet penetration rate is around 72 percent, indicating that almost one out of three Chinese are still offline.
Mobile-first kingdom
Affordable smartphones play an important role in China’s rising internet population. In 2022, almost all Chinese people accessed the internet through mobile phones. Messaging, watching videos, and listening to music are popular activities. In fact, Chinese people spent over three hours of their daily time online. This large and engaged mobile internet population has provided a wide range of opportunities to hi-tech companies in China, including online dating and matchmaking business.
What’s next?
As of June 2022, around 28 percent of online users were living in rural China. To provide more affordable and faster internet services, measures have been carried out in the country to reduce service rates and extend the 1,000-Megabyte broadband connection to over 300 cities. In 2019, the government announced to roll out 5G networks in Beijing, Shanghai, Shenzhen, and other major cities. The technology advancement would likely enhance internet accessibility in rural areas, further increasing the country’s internet user base.
In January 2025, the index for consumer confidence in China ranged at 87.5 points, up from 86.4 points in the previous month. The index dropped considerably in the first half of 2022 and performed a sideways movement during 2023 and 2024. Consumer confidence Index The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country. As consumers need time to react to economic changes, the CCI tends to lag behind other indicators like the consumer price index (CPI) and the producer price index (PPI). Development in China As shown by the graph at hand, confidence among Chinese consumers picked up since mid of 2016. In October 2017, the CCI hit a record value of 127.6 index points and entered into a sideward movement. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP. After the outbreak of the coronavirus pandemic, consumer confidence dropped quickly in the beginning of 2020, but started to recover in the second half of the year, leading to a v-shaped movement of the index in 2020.
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China Imports from Japan of Composite Paper and Paperboard (In Rolls or Sheets) was US$1.58 Million during 2023, according to the United Nations COMTRADE database on international trade. China Imports from Japan of Composite Paper and Paperboard (In Rolls or Sheets) - data, historical chart and statistics - was last updated on March of 2025.
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China Transaction Price: 36 City Avg: Cold Roll Sheet: 0.5mm data was reported at 4,503.850 RMB/Ton in Jan 2025. This records a decrease from the previous number of 4,539.420 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Cold Roll Sheet: 0.5mm data is updated monthly, averaging 4,746.400 RMB/Ton from Dec 2011 (Median) to Jan 2025, with 158 observations. The data reached an all-time high of 6,852.770 RMB/Ton in May 2021 and a record low of 2,769.000 RMB/Ton in Dec 2015. China Transaction Price: 36 City Avg: Cold Roll Sheet: 0.5mm data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Transaction Price: Production Material: Steel.
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Forecast: Paper and Paperboard in Rolls Exports in China 2023 - 2027 Discover more data with ReportLinker!
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After two years of growth, the Chinese mill rolling roll market decreased by -11.9% to $425M in 2024. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $483M, and then dropped in the following year.
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China Exports of composite paper and paperboard (in rolls or sheets) to Japan was US$216.65 Thousand during 2023, according to the United Nations COMTRADE database on international trade. China Exports of composite paper and paperboard (in rolls or sheets) to Japan - data, historical chart and statistics - was last updated on March of 2025.
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China Imports from China of Composite Paper and Paperboard (In Rolls or Sheets) was US$801 during 2023, according to the United Nations COMTRADE database on international trade. China Imports from China of Composite Paper and Paperboard (In Rolls or Sheets) - data, historical chart and statistics - was last updated on March of 2025.
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The size of the China Auto Loan Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.00">> 8.00% during the forecast period. The auto loan market encompasses the financial services dedicated to providing loans specifically for purchasing vehicles. This market facilitates access to financing for both new and used cars, allowing consumers to pay for their vehicles over time through structured repayment plans. Typically offered by banks, credit unions, and specialized lenders, auto loans come with varying interest rates and terms based on factors such as the borrower’s creditworthiness, the type of vehicle, and market conditions. The growth of the auto loan market is driven by increasing vehicle ownership rates, rising disposable incomes, and the demand for personal transportation, particularly in urban areas. Consumers benefit from the ability to own vehicles without having to make a full upfront payment, while lenders gain from interest payments over the loan duration. Additionally, trends such as the rise of digital banking and fintech solutions are enhancing the lending process, making it more accessible and streamlined for consumers. Despite challenges like economic fluctuations and competition among lenders, the auto loan market remains robust, adapting to changing consumer preferences and technological advancements to continue its expansion. Recent developments include: July 2022: The China Ministry of Commerce rolled out incentives consisting of easy credit extended to car buyers for raising sales of the NEV sector, which comprised pure electric, plug-in hybrid, and hydrogen fuel-cell cars. This policy raised sales opportunities for major electric-car makers BYD, Xpeng, Li Auto, and Nio Stand in China., June 2023: The Chinese authorities, with recovery from the COVID-19 pandemic, launched a nationwide campaign to promote automobile purchases and raise demand in its auto market. The initiative includes encouraging financial institutions to introduce measures for boosting lending for auto purchases and rolling out policies and measures in favor of car consumption.. Key drivers for this market are: Increase In Demand For Passenger Vehicles, Quick Processing of Loan through Digital Banking. Potential restraints include: Declining Business of Banks with Financial Companies Entry. Notable trends are: Rising Sales of Passenger Vehicles.
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China Exports of composite paper and paperboard (in rolls or sheets) to Paraguay was US$9.91 Thousand during 2023, according to the United Nations COMTRADE database on international trade. China Exports of composite paper and paperboard (in rolls or sheets) to Paraguay - data, historical chart and statistics - was last updated on March of 2025.
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The size of the China Telecom Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 2.71% during the forecast period.Telecommunications is the conveyance of information and data over vast distances. It includes numerous technologies, such as telephony, radio, television, and the internet.Telecommunications services provide for communication, sharing of information, and interconnection among individuals, business concerns, and governments.The China Telecom industry dominates the global market for telecommunications; it is highly characterized by extreme government involvement, intense competitions, and rapid technological advance. It is one industry that plays a very important role in growing the economy and developing socially in China by connecting vast people, businesses, and communities across the country. Recent developments include: In August 2022, according to data provided in its most recent financial report, China Telecom added about 44 million more consumers to its 5G package during the first half of this year, bringing the number at the end of June to 231.7 million - more than 60% of its whole mobile client base of 384.2 million. However, it still lags behind the market leader, China Mobile, which, according to its most recent financial report, has 970 million mobile subscribers, 511 million of whom have signed up for 5G packages., In September 2022, ZTE Corporation, a significant global provider of telecommunications enterprise, in collaboration with Amlogic, introduced the new-generation 4K Wi-Fi 6 mesh media gateway set-top box (STB). This product was unveiled at the International Broadcasting Convention (IBC 2022) in Amsterdam, Netherlands. A gateway, router, and STB all come together in one modern home media terminal. It allows consumers to enjoy HD films and lowers operators' maintenance expenses. It also delivers whole-home Wi-Fi coverage.. Key drivers for this market are: Continuous roll out of 5G, Growth of high-quality defensive companies; Demand for new digital services. Potential restraints include: High Cost of Satellite Imaging Data Acquisition and Processing, High-resolution Images Offered by Other Imaging Technologies. Notable trends are: Stellar performance of 5G would trigger wireless segment growth.
In China, the fast-food brand KFC - operated by Yum China in the country - generated over 8.2 billion U.S. dollars in revenue in 2023, an increase of approximately 14 percent compared to the previous year. With KFC as its flagship chain, Yum China has emerged as China's dominant restaurant company by far, reporting a revenue of nearly 11 billion U.S. dollars in 2023.
Early entry and rapid expansion
KFC was one of the first Western fast-food chains to enter the Chinese market when China was in the early stages of economic reform and opening to the outside world. It swiftly established footprints in 16 key locations, laying the foundation for its accelerated expansion. By the end of 2023, KFC had an extensive network in both urban and rural areas in China, with more than ten thousand restaurants.
Localization and innovation
Facing competition from other fast-food chains such as McDonald's, Pizza Hut, and other local Chinese fast-food chains, KFC made efforts to adapt to local tastes and preferences while maintaining its global brand identity. Other than the classic KFC fried chicken, they also offer various Chinese-inspired dishes such as congee, egg tarts, and rice dishes. It is no wonder that KFC in China has been known for its innovative marketing campaigns and menu offering. The company consistently rolls out approximately 50 new products annually, a stark contrast to the one or two new items introduced in the United States.
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Forecast: Re-Import of Metal-Rolling Mills and Rolls Therefor to China 2024 - 2028 Discover more data with ReportLinker!
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This paper examines the response of vehicle purchase behavior to China's largest national subsidy program for fuel-efficient vehicles during 2010 and 2011. Using variation from the program's eligibility cutoffs and the rollout of the subsidy program, the program is found to boost sales for subsidized vehicle models, but also to create a substitution effect within highly fuel-efficient vehicles. Estimates imply that ignoring the substitution effect would lead one to conclude that the program is welfare enhancing, whereas in fact the marginal cost of the program exceeds the marginal benefit by as much as 300 percent.
China Gaming Market Size 2025-2029
The China gaming market size is forecast to increase by USD 43.6 billion, at a CAGR of 10.7% between 2024 and 2029.
The market is experiencing significant growth, driven by various trends and challenges. Artificial intelligence is revolutionizing the industry with advanced gaming experiences and personalized recommendations. Esports and online gaming are gaining popularity, particularly among the younger demographic. Mobile gaming, fueled by the widespread use of smartphones and tablets, is a major contributor to the market's growth. Cloud gaming services, which allow players to access games on demand, are also on the rise. However, data security and privacy concerns continue to be a challenge for the industry. As 5G technology rolls out, faster internet speeds will enable more great gaming experiences, including live streaming and real-time multiplayer games. The PC gaming market remains strong, with advancements in software and hardware driving innovation. In the digital age, casino gaming has also transitioned online, offering convenience and accessibility to players. Overall, the gaming market is poised for continued growth, with new technologies and trends shaping the landscape.
What will be the Size of the market during the Forecast Period?
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The market encompasses a dynamic and expanding industry, driven by advancements in technology and evolving consumer preferences. With the rise of esports and professional gaming teams, international companies have increasingly invested in research and development (R&D) to cater to this growing segment. The market size is substantial, with significant contributions from console gaming and mobile platforms.
The mobile games segment, in particular, has experienced remarkable growth, fueled by the proliferation of smartphones and the availability of cloud infrastructure, computing, storage, and communication resources. Notably, mini-games have gained popularity, attracting a broad user base. Cable operators have also entered the fray, offering gaming services as part of their entertainment packages. The industry's future direction lies in the continued integration of technology, such as cloud hosting services, to enhance the overall gaming experience.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Casual gaming
Professional gaming
Device
Mobile
Gaming console
PC
Platform
Online
Offline
Geography
China
By Type Insights
The casual gaming segment is estimated to witness significant growth during the forecast period.
The market encompasses a significant segment of casual games, which cater to a broad demographic due to their accessibility and minimal time commitment. These games, popular among both younger and older audiences, particularly women and the elderly, offer simple mechanics and short, engaging play sessions. The mobile platform dominates the casual gaming segment, with mobile games generating substantial revenue. SensorTower's TOP100 list indicates that China accounts for a substantial portion of global mobile gaming revenue.
The integration of 5G technology and cloud infrastructure, including communication resources, computing, and storage, further enhances the casual gaming experience. ESports, VR integration, and globalization efforts are also driving growth in the gaming industry. Cable operators and IPTV platforms, such as Kalydo and Chi Yu games, offer streaming services for console gaming and mini-games. Microtransactions, DLC, and subscription-based models provide additional revenue streams. The gaming industry's continued evolution is fueled by advancements in cloud computing, 5G connections, and the increasing popularity of mobile internet and e-sports.
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Market Dynamics
Our China Gaming Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in adoption of the China Gaming Market?
Increasing disposable income is the key driver of the market.
The market is experiencing significant growth due to the expanding middle class and increasing disposable income. In 2023, China's per capita disposable income reached approximately USD 5,511, marking a 6.3% year-on-year increase. This financial growth is fueling demand for various forms of entertainment, including video games. Both casual and professional gaming experiences are
By the end of 2023, the number of 5G base stations in China amounted to 3.38 million. With extensive infrastructure investments and ambitious rollout plans, China has achieved significant 5G coverage. According to forecasts, the number of base stations was projected to reach over six million by 2024.
Approaching full coverage
China has made significant strides in expanding 5G network coverage nationwide. In a concerted effort with the government, the country’s three big telecommunication companies, China Mobile, China Unicom, and China Telecom, successfully constructed 5G infrastructure in urban areas and key regions, allowing millions of users to access fast and reliable internet connection throughout China. The progress of base station construction has reached a point at which telecom companies announced that they plan to begin reducing their 5G investments over the next years.
Who is building the base?
The Chinese telecommunication industry is home to several global leaders in 5G technology that has played a vital role in the national infrastructure rollout, but even overseas companies participated. While 92 percent of 5G base stations in China had been manufactured by Chinese companies, Ericson and Nokia were the only overseas players accounting for six and two percent of base stations respectively. All companies have generated significant profits from their 5G business in China.
In January 2025 mobile devices excluding tablets accounted for over 62 percent of web page views worldwide. Meanwhile, over 75 percent of webpage views in Africa were generated via mobile. In contrast, just over half of web traffic in North America still took place via desktop connections with mobile only accounting for 51.1 percent of total web traffic. While regional infrastructure remains an important factor in broadband vs. mobile coverage, most of the world has had their eyes on the recent 5G rollout across the globe, spearheaded by tech-leaders China and the United States. The number of mobile 5G subscriptions worldwide is forecast to reach more than 8 billion by 2028. Social media: room for growth in Africa and southern Asia Overall, more than 92 percent of the world’s mobile internet subscribers are also active on social media. A fast-growing market, with newcomers such as TikTok taking the world by storm, marketers have been cashing in on social media’s reach. Overall, social media penetration is highest in Europe and America while in Africa and southern Asia, there is still room for growth. As of 2021, Facebook and Google-owned YouTube are the most popular social media platforms worldwide. Facebook and Instagram are most effective With nearly 3 billion users, it is no wonder that Facebook remains the social media avenue of choice for the majority of marketers across the world. Instagram, meanwhile, was the second most popular outlet. Both platforms are low-cost and support short-form content, known for its universal consumer appeal and answering to the most important benefits of using these kind of platforms for business and advertising purposes.
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Discover how the ball and roller bearings market in China is expected to experience significant growth over the next decade, driven by increasing demand. Market volume is forecasted to reach 1.5M tons and market value to hit $20.8B by the end of 2035.
China’s appetite for online entertainment content has seen explosive growth. In 2021, the estimated revenue of the online video market in China was approximately 131 billion yuan, double the revenue of 2016. The Chinese online video market was dominated by three tech giants: Baidu (iQiyi), Alibaba (Youku Tudou), and Tencent (Tencent or QQ Video), collectively known as BATs.
The early bird’s fall
Once known as China’s Youtube, Tudou and Youku were the most popular video platforms in the country until other rivals arrived on the scene. In early 2010, iQiyi and Tencent Video were launched, while Youku merged with Tudou with a shift to low-cost in-house production. The competition became intense, especially when iQiyi acquired the streaming rights of overseas blockbuster shows. Being drawn into the costly content race, Youku Tudou slowly lost its market dominance in terms of content variety. It was then acquired by Alibaba Group in 2015.
A fierce battle
Today, the online video arena remains fierce with soaring content costs and cutthroat competition. With a diversified content library, iQiyi, the so-called "China's Netflix", has become the market leader in terms of monthly unique visitors and monthly active app users. The entertainment tycoon planned to expand its business into short-form videos, which is still dominated by Douyin (TikTok). On the other side, Tencent has also invested millions of dollars in gaming and eSports streaming platforms, like Huya and Bilibili. With the roll-out of 5G in China, the online streaming and video sector will see plenty of room for growth.