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China’s livestreaming service users reach 617 million in 2020: report

Abstract : The number of online live streaming service users in China reached 617 million in 2020, according to a report on the development of China's live streaming industry.

Zeng
Hongjuan (L) introduces car collections to the audience by telling
stories via live streaming at Beijing Auto Museum in Beijing, capital of
China, May 18, 2020. (Xinhua/Ren Chao)

SHANGHAI,
May 18 (Xinhua) — The number of online live streaming service users in
China reached 617 million in 2020, according to a report on the
development of China’s live streaming industry.

The
number of live streaming anchor accounts exceeded 130 million by the
end of 2020, said the report released by the live streaming branch of
the China Association of Performing Arts on Tuesday.

Livestreaming
in China was already burgeoning even before the COVID-19 epidemic, with
the industry market estimated to be worth over 193 billion yuan (about
30 billion U.S. dollars) in 2020, according to the report.

By
the end of 2020, China had nearly 6,000 Internet business units
qualified to offer online live streaming services, including around 20
leading platforms, while nine live streaming platforms had been listed
on the stock market.

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s livestreaming service users reach 617 million in 2020: report

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