internet users: World Bank data from 2015 showed that over 57 percent of Turkish are Internet users, making it the world 18th in number terms and its Internet penetration rate is the seventh highest, according to Xinhua China. Turkey Internet penetration rate grew over 10 percent for both 2014 and 2015, showing great development potential of its Internet industry. It is estimated that there are 15.42 million e-commerce users in Turkey, accounting for one third of its total online community or about a fifth of its population, according to Hou. By 2020, online retail sales will at least double from 2015 to hit 36 billion U.S. dollars, according to a report released by Turkish Weekly. It concerned the Online Silk Road, part of China Belt and Road Initiative, which aims to connect China and other countries along the ancient land and maritime Silk Roads. China and Turkey signed the first memorandum of understanding on e-commerce bilateral trade in November 2015 at the G20 summit in Turkish city Antalya.
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