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The revenue of China’s online dating & matchmaking sector reached 3.4 billion Yuan in 2016, accounting for 36.5% of the total revenue of dating & matchmaking market.
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One reason, says the World Bank, which published a report in 2015 on parental matchmaking in China, is because of the lack of a solid social security system.
Hence parents are keen to make sure their children are married into a family of equal (if not better) economic status to protect their own financial security after they retire.
It is expected that the proportion will expand to 41.7% by 2019.