(MENAFN) China has enjoyed billions of dollars being heavily injected in its ever-growing mobile Internet industry throughout the previous year, as the latest data revealed.
Basically, investors excessively favored the sector in the nation's recent economic transformation; hence mobile Internet startups got investments worth USD4.5 billion in 2015-2016.
China currently has the largest number of active cellphones of any country in the world, with over 1 billion users by June-2016; it also has the largest number of broadband users.
Moreover, the country is advancing its growth model from investment-led to service-driven, enhancing innovation and entrepreneurship, mainly in high-tech industries.
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