China Practical Mobile Phone Economy Index

As a frequent visitor to China, yours truly would like to state that the country should consider having a practical way to measure the economy, like perhaps the number of mobile phones and house telephones.

News of Future (www.newsoffuture.com ) published a news report citing Chinese economist Lin Yifu who estimates that there will 1 billion mobile phone users in China by year 2020, up from 449 million users in October 2006.

So, we think the mobile phone should be used as an index to measure the economic health of the country. By doing so, all countries in the world can similarly use this same index, which we propose to call China Practical Mobile Phone Economy Index. Below is the report:

1 Billion Mobile Phone Users in China

January 5, 2020 - China will this month reach the 1 billion mark for mobile phone users, three times as many as 15 years ago. The market for mobile phones in China is bigger than Europe, US and Japan combined and about 80% of the Chinese population now has a mobile phone.

The worldwide use of mobile phones will most likely reach another significant mark later this year, when passing 5 billion mobile phone users, about 65% of the world’s population.

India is still the country adding most users in the world each month and will most likely pass China in total number of mobile phone users within the next 10 years, from their current 910 million.

China also has the most Internet users in the world, 400 million, and their impact on the Internet has been noticed significantly over the last years. One reason for this, a part from the number of users is the number of English-speaking Chinese, which has increased to almost match the native English speakers in the world.