Top 10 key economic words in 2016

Internet plus strategy

The Mijia rice-cooker, unlike traditional ones, can be connected to a smartphone via the internet.[Photo provided to chinadaily.com.cn]

China's internet industry has grown exponentially in recent years. As of June this year, there were 710 million internet users across the country, accounting for 51.7 percent of its total population, exceeding the global average by 3.1 percentage points.

Internet Plus, an action plan, was first presented in the Government Work Report in March, 2015. It aims to integrate the internet with traditional industries and fuel new engines of economic growth.

Under the strategy, conventional industries will be upgraded by integrating new internet and information technology.