Sharing economy revenues in China are expected to rise 40 % this year , reaching $ 3.95tn ( $ 633bn ) , according to iiMedia Research . Revenues are projected to rise 76% this year, reaching RMB3.95 trillion (roughly $633 billion). The report defined the sharing economy as the sharing of physical resources on a digital platform , such as walking and bike sharing but also included skills such as tutoring . Revenues are expected to reach around RMB 5.70tn in 2017 , up 40 % from 2016 . Consumer attitudes were also highlighted in the report ; around 40 % of the internet users in China that were surveyed in July said they believed the sharing economy enhanced the well - being of society .
Sharing economy revenues in China are expected to rise 40 % this year , reaching $ 3.95tn ( $ 633bn ) , according to iiMedia Research . The report defined the sharing economy as the sharing of physical resources on a digital platform , such as walking and bike sharing but also included skills such as tutoring . Revenues are expected to reach around RMB 5.70tn in 2017 , up 40 % from 2016 . Consumer attitudes were also highlighted in the report ; around 40 % of the internet users in China that were surveyed in July said they believed the sharing economy enhanced the well - being of society .