People touch the phone 700 times a day, even unconsciously.

Absrtact: Changjiang Business News has data shows that people have to touch 700 times a day mobile phones, and even most of the time is unconscious, than the number of women looking at the mirror is also frequent. Words, who attended the Fortune Global Forum social media sub-forum yesterday, attracted audience

The Yangtze River business reported that the data show that people have to touch 700 times a day mobile phones, and even most of the time is unconscious, than the number of women looking at the mirror more frequently. Words, who attended the Fortune Global Forum social Media Forum yesterday, drew a hearty laugh from the audience.

At present, social media has increasingly penetrated into people's daily life, occupy the time of people's fragmentation, change people from watching news to shopping habits. Statistics show that more than 500 million of Chinese internet users are twice times the number of American netizens. These Chinese users spend an average of 46 minutes a day on social media sites.

In response to China's microblogging boom and the fading of American social media myths, Cao Chao, the head of Sina, said Chinese social media was an innovation based on American social media. Compared with Twitter, Weibo content is more colorful, is an important product market and platform. Mr Armstrong said Chinese companies were attaching great importance to the provision of integrated services and the integration of a wide range of services, and American companies were gradually developing these capabilities.

Participants said the influence of social media on the emergence of new business models was not negligible. In the case of advertising companies, for example, the time and channel to advertise, and now with social media, advertising has become more accurate, Mr. Armstrong said. But guests also acknowledge that the use of social media to make money is a pressing issue.

Alibaba Group, China's biggest electric platform in April, took a 586 million dollar stake in Sina Weibo, accounting for 18% of the company's total stake. Chao said that after the marriage of two companies, they are gradually finding ways to make profits.