Gartner Inc, the world's leading information technology research and advisory company, predicted another 400 million smartphones will be sold in the Chinese market this year, with smartphone penetration rate hitting 90 or 95 percent.

Era of 4G to bring changes to China

Time to show more online interest

"The increasing economic value of personal information raises odds of information leaks," said Wu Xiaoling, vice chairman of the financial and economic committee of the National People's Congress, in an earlier report.

According to the CNNIC, over 74.1 percent of domestic Internet users suffered information leak in the second half of last year, causing huge financial losses.

Jiang Yaoping, a CPPCC member and former vice minister of commerce, said online shopping as well as online bookings for traveling or housekeeping services via mobile devices could also put our personal information at stake.

"Although it is considered safe in many cases, we should also be discerning and learn to screen those out where our bank accounts information could be easily stolen," he said, during an exclusive interview with China Daily.

The country's e-commerce industry has been booming in the past five years, connecting people, goods, money and services all the more closer.

Statistics from Chinese Internet consultancy iResearch Group show that third-party payment via mobile devices hit 1.22 trillion yuan last year, up 707 percent from a year earlier.

Online information protection has become a national strategic priority in China, as Premier Li Keqiang has underlined its importance in his work report on March 5.