China is likely to overtake the United States to become the world’s largest Internet market by Web population size: its web population will hit 244 million by the end of 2008 from last year’s 182 million, an increase of 34 percent, said an Internet Society of China report issued recently. The report’s findings are based on data collected from a survey of 50,786 mainland Internet users and 270 companies across the country, as well as from seminars and interviews with industry experts […]
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Shanghai leads all Chinese cities for fast computer connections – half of the city’s families subscribe to broadband, according to a recent report released by China Telecom. Shanghai’s broadband subscriber base has passed three million already, 15 times up from 2002, according to Shanghai Telecom, the city’s largest fixed-line phone operator. About 85 percent of Shanghai Telecom’s broadband users are accessing the Internet at more than two MBPS (megabits per second) […]
More than 70 percent of Hong Kong households have a personal computer connected to the Internet, strengthening the city’s status as one of the world’s leading digital hubs: Hong Kong’s Census and Statistics Department said that the figure represents a slight rise on last year when 71.7 percent of households had a computer and 67.1 percent had it connected to the Internet. The survey conducted in mid-2007 found 1,671,600 households, or 74.2 percent of all domestic premises in Hong Kong, had a personal computer. Of them, 94.5 percent had their computers connected to the Internet, representing 70.1 percent of the city’s households […]
China’s online advertising market is likely to exceed ten billion yuan (1.3 billion U.S. dollars) this year, a research report said. The figure represents a 114.6 percent increase from the 4.66 billion yuan of last year. In October, the nation’s online advertising revenues hit 870 million yuan, lifting the market size to 7.5 billion yuan in the first ten months, according to the report from Nielsen, a leading global information and media company. The growth rate of China’s online advertising, one of the most successful business models for Internet firms, was higher than that of broadcasting advertising and magazine advertising…
Students make up the biggest group of online game players in China, followed by IT and media industry workers, according to a survey released recently, Beijing Business Today reported. The survey, jointly conducted by 17173.com, a Chinese online game Website, and iResearch Consulting Group, said almost 60 percent of gamers were in their 20s and 95 percent were below 35 years old.
High school graduates accounted for 35 percent of Chinese gamers, the report said. One-third of the respondents have a college education and 23 percent a university diploma. Forty-five percent of the gamers were female, who favored to join in the games with the identification of opposite sex…
Alibaba.com, the largest business-to-business portal in China underwent its first day of public share trading in Honk Kong, and the results exceeded all expectations, as the price tripled, raising $1.5 billion. The public offering is expected to raise nearly $2 billion in Hong Kong, making its debut offering as large as Google’s 2004 I.P.O. in the United States. ‘We are pleased to welcome investors from Hong Kong and around the world to join us in building a world-class e-commerce company,’ said Jack Ma, non-executive chairman of the company and chairman and chief executive officer of Alibaba Group…
China’s Internet industry continues to be in a state of rapid development. In 2006, the number of Chinese Internet users exceeded 150 million, with 50% of these users between the ages of 18 and 35. China’s Internet market is also transitioning from a narrowband to a broadband market with over 30 million of the 57 million total connected users having broadband access. As an emerging service market, China’s Web 2.0 has shown great development potential and in 2006 the market size reached US$62.8 million. According to IDC’s forecasts, Chinese Web 2.0 market is predicated to reach US$645.8 million by 2011.
Taobao, the leader in Chinese C2C market, released a report on shopping at Taobao in the first half of 2007. Since Taobao has gained about 72% market share in first quarter of 2007, according to iResearch, Taobao’s report would help us to know the general picture of Chinese online shopping market.
China is facing a damaging shortfall in the numbers of professionals working in the field of intellectual property rights, leading academics claim: a Forum on Intellectual Property Rights(IPR) in Higher Education heard that China will need the skills of between 55,000 and 60,000 experts in the field by 2010. The claim came from Professor Zheng Shengli, dean of the IPR School at Peking University, in his latest research on the IPR profession…
China could become the world’s biggest online market within two years: the number of Chinese netizens has surpassed 123 million and number of people with access to broadband connection rose by 45.3 percent during the first half of the year to 77 million. Studies show that a typical Chinese consumer spends an average of 17.9 hours per month (36 min./day) engaged in popular online activities such as chatting, blogging, gaming, and shopping […]