China Internet Growth – In 2002, China had 50 million internet users. In 2005, it passed 100 million users and now, only five years later, China has over 420 million internet users. China adds about 50 million internet users per year!
Penetration Rate: 70% in USA (220 million of 300 million) versus only 32% (420 million of 1.3 Billion) in China.
Mobile Cell phone users are signing up at a rate of 6 million new users a month. Today China has over 600 million mobile cell customers; up from only 10 million in 1997. China has the largest cell phone market in the world.
Cabot Money Management, Inc. | 216 Essex Street | Salem, MA 01970 | 978.745.9233 | www.eCabot.com By 2020, Asia is expected to have more than 1.2 billion population with a GDP per capita greater than $5,000 USD. This is five times the size of the US middle class!