China leads world in internet market

China pioneers the world in internet development, as the growth of its netizen population and the amount of internet consumption both top the corresponding rate in other nations, a newly released industry report said.

The compound growth rate of Chinese netizens reached 25 percent in the past 15 years and ranks the first globally while China's internet consumption has grown at a compound rate of 32 percent in the past five years, which is also ahead of most countries in the world.

The report, published by global management consultancy the Boston Consulting Group as well as a group of internet giants such as Alibaba Group Holding Ltd, Baidu Inc and Didi Chuxing, reveals the latest trend of China's internet economy.