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December 29, 2017

Blockchain Technology Revenues in China, 2016-2020 (millions of Chinese yuan renminbi and % change)

Blockchain Technology Revenues in China, 2016-2020 (millions of Chinese yuan renminbi and % change)

Description

Estimates show that blockchain technology 2020 revenues in China will grow to 512 millions of Chinese yuan renminbi, compared to just over 11 million in 2016. Percent change in growth will slow, but 2020 still sees a doubling in growth.

Methodology

Data is from the December 2017 CCID Consulting "2018 China Blockchain Industry Development and Investment Value Report." CCID Consulting is a research, consulting and IT outsourcing service provider based in China.