By the end of 2015, China had 1.3 billion mobile subscriptions, making it the world’s most populous country with the highest saturation of mobile subscribers. Nearly everyone in China owns a mobile device, with 30 per cent being 4G users (according to the latest data from the Ministry of Industry and Information Technology).
Last week MEF held its inaugural MEF Connects China in Beijing to discuss the mobile opportunity in this exciting market. Supported by MEF Member Syniverse the evening’s discussions were MC-ed by MEF Asia Chair Emeritus Colin Miles and Wei Jiang, Chief Marketing Officer of Google, Greater China shared his views ‘Why foreign Internet and tech companies succeed/fail in China.’
His keynote was followed by a lively debate on doing business in China with speakers from Omnicom Media Group, Technode, Syniverse and China accelerator SOSV.