Control: The Golden Shield Project has allowed the Chinese ecosystems to emerge with no foreign competition Number and penetration of ecosystem users in China 2011A – 2017E, Users (m), Penetration population (%) The market for the mobile ecosystem has grown up with Chinese Digital Life offerings only. Ecosystem users (m) Penetration 864 There is no sign of the 812 Golden Shield Project 739 coming to an end. 659 508 This is very likely to 60% 63% ensure that China 54% remains a huge market 48% for Chinese Digital Life 263 37% services provided to 109 Chinese users by 19% Chinese companies 8% 2011A 2012A 2013A 2014A 2015A 2016E 2017E SSoouurrcece:: CNNIC, Radio Free Mobile www.radiofreemobile.com 14
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