Expert: Nation's mobile business value soaring

As one of the few truly mobile-first economies, China is getting more mature in mobile development by creating huge business value for companies both at home and abroad, according to an industry insider.

"The level of maturity of the country's mobile market has been improved greatly. Though benefits brought by the population are now gone, individual economic value has continued to go up," said Paul Muller, chief technology officer of Adjust, a leading mobile measurement and fraud prevention company.

Before, almost everyone in China had a mobile device. Now, they are willing to pay for goods and services through that device, which opens up huge economic opportunities, Muller noted.