Economic Growth in China
According to Asia Now: The China Edition, Matthew Asia’s 2019 report, among Chinese millennials 88% shop online more than once a week, there are 1 billion smartphone connections in China, 98.6% of internet users accessed the web via a mobile device, their middle class was 4% urban population in 2000 and in 2018 was up to 30%, and in 1980 0% of households owned their homes as opposed to 90% of Chinese households in 2018.