Majority of net users watch online videos in China
About 725 million internet users in China, or 87.5 percent of the total online population, watched online videos in 2018, while more than 230 million users have paid for membership of Chinese online video platforms, according to a report released on June 11 at the Internet Summit in Shanghai.
"The online audio visual industry is flourishing in the country, with more and more audio visual products of increasingly high quality being created," said Cui Chenghao, deputy Party secretary of the research center of the National Radio and Television Administration, during the summit.
Cui, who is also the deputy editor of the report, points out that major online video platforms in China, including Tencent platform iQiyi, have been pouring capital into the production of original content and the quality of most works have reached a level that is comparable to those produced by broadcasting companies.