02 June 2025

Current Development Status of China's Internet Marketing Market

China Online Advertising Market Size

Driven by demand recovery and technological iteration, China's online advertising market continues to expand, showing a steady growth trend

In 2023, China’s online advertising market size reached 1.1317 trillion yuan, an increase of 12.4% compared to 2022. With the recovery of the Chinese consumer economy and the development of emerging technologies such as AI, the online advertising industry has entered a new growth phase, promoting the market’s return to a positive growth trajectory. Looking ahead, as multiple national policies aimed at stimulating consumption are implemented in 2025, the market is expected to welcome more advertising investments. At the same time, the integration of media and smart ecosystems will continue to evolve. Online advertising will embrace more diverse scenarios, and market growth will continue to accelerate.

2019–2026 China Online Advertising Market Size
(Unit: 100 million yuan)

  • 2019: 6464 (YoY: 30.2%)
  • 2020: 7666 (YoY: 18.6%)
  • 2021: 9421 (YoY: 22.9%)
  • 2022: 10065 (YoY: 6.8%)
  • 2023: 11317 (YoY: 12.4%)
  • 2024e: 12522 (YoY: 10.6%)
  • 2025e: 13711 (YoY: 9.5%)
  • 2026e: 14933 (YoY: 8.9%)

CAGR (Compound Annual Growth Rate):

  • 2019–2022: 15.0%
  • 2023–2026e: 9.7%

Note: The Chinese market size refers to advertisers’ total spending in online advertising, not the revenue of media platforms.

Advertising is an Important Reference in Chinese Consumer Decision-Making

The Role of Internet Advertising is Shifting from Information Guidance to Digital Content Expansion

The primary function of advertising is to help Chinese consumers obtain shopping information. According to surveys, 73.7% of Chinese have a positive attitude toward internet advertising (such as forwarding, sharing, acquiring information, or planning to purchase). This shows that advertising is still regarded as an important source of product information, and to some extent, it can stimulate Chinese consumers’ purchasing behavior. As consumers’ values and shopping needs diversify, their evaluation of advertising content not only includes brand/product information, but also considers whether it is interesting and novel. 26% of Chinese consumers will forward or share interesting advertisements. Creative and emotionally resonant advertising content, as well as ads aligned with Chinese consumers’ interests, can help enhance their favorability.

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