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Internet Development

CHINA’S INTERNET ECONOMIC SCALE REACHED 74.3 BLN YUAN IN 2009

Statistics from iResearch Consulting indicates that if the Internet service revenues are calculated, China’s Internet economic scale is expected to reach 74.3 billion Yuan in 2009, up 30.7 percent from 56.9 billion Yuan in 2008. The growth rate slides in comparison with the 52.6 percent in 2008, but is still much higher than the approximate 8 percent GDP growth of ... Read More »

E-COMMERCE IN CHINA HITS 250Bn YUAN (US$36 bn)

Internet shopping in China hit a staggering 250 billion Yuan ($36.6 billion) in 2009 accounting for 1.97 percent of all domestic retail, according to the Beijing News.  About 100 million Chinese shop online, most of which through consumer websites, or C2C, like Taobao.com, but it is business-to-consumer platform, or B2C, growing faster, according a report released by the investigation agencies ... Read More »

ASIA HAS FASTEST GROWING ONLINE POPULATION

Hong Kong, 16th November: Recent comScore data reveals that Asia now has the largest number of Internet users and it is also the region with the fastest growing online population. There are now 484 million Internet users in Asia and the region accounts for 41% of the 1.2 billion Internet users worldwide. According to an article in Marketing-interactive, in the ... Read More »

CHINA BANS INDIVIDUALS FROM REGISTERING WEBSITES

The China Internet Network Information Center (CNNIC), a government-controlled body which falls under the Ministry of Information Industry, announced that individuals in China are no longer able to register domain names. The CNNIC will also launch a review of millions of existing personal websites. As of 28th December, applicants in China planning to register a web domain will need to ... Read More »