One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of July 2025).Â
According to the source, the market size calculation excludes ads embedded in games and audio content, ads on app stores, and commission in ad revenue, etc.
Citation formats
Market size of online ads in China Q1 2020-Q1 2025
In the first quarter of 2025, the market size of China's online advertising ratcheted up by *** percent from the previous quarter to around ***Â billion yuan. Short video ads, retail media, and social media ads remain the backbone of online advertising in China, accounting for over **** of the market size.
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QuestMobile. (May 7, 2025). Market size and growth rate of internet advertising in China from 1st quarter 2020 to 1st quarter 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1309821/china-internet-advertising-market-size-quarterly/
QuestMobile. "Market size and growth rate of internet advertising in China from 1st quarter 2020 to 1st quarter 2025." Chart. May 7, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1309821/china-internet-advertising-market-size-quarterly/
QuestMobile. (2025). Market size and growth rate of internet advertising in China from 1st quarter 2020 to 1st quarter 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1309821/china-internet-advertising-market-size-quarterly/
QuestMobile. "Market Size and Growth Rate of Internet Advertising in China from 1st Quarter 2020 to 1st Quarter 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 May 2025, /statistics/1309821/china-internet-advertising-market-size-quarterly/
QuestMobile, Market size and growth rate of internet advertising in China from 1st quarter 2020 to 1st quarter 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1309821/china-internet-advertising-market-size-quarterly/ (last visited July 26, 2026)
Market size and growth rate of internet advertising in China from 1st quarter 2020 to 1st quarter 2025 [Graph], QuestMobile, May 7, 2025. [Online]. Available: /statistics/1309821/china-internet-advertising-market-size-quarterly/