China Internet Stats - Internet Population Grew 23.4% to 137 Million
Posted by Harrace (Singapore)
China’s Internet users grew 23.4% to 137 million, according to the latest report of the China Internet Network Information Center (CNNIC).
Wow, it is almost certain that China’s Internet users will surpass U.S.’s 157 million within the next 2 years, if China continues to grow at the rate of about 20% per year.
What are the opportunities we can grab in this soon-to-be the World’s largest Internet market?
China may soon to be the World’s largest Internet market anytime. However, most of the Internet users in China are young people with a low income (RMB500 - RMB1,000). So there will still be quite some time before China can catch up to the U.S. in terms of B2C (business to consumer) sales online.
As I can see, the main opportunity of China’s gigantic Internet market lies in the eyeballs that can be generated, which can then be converted to money. One good example is Baidu, which was touted as the Google of China, grabbed the No.1 market share in search engines in China. As a resut, it was listed in NASDAQ and worth billions of dollars overnight.
What can you also do to generate traffic from China’s Internet users, and monetize it?
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January 28th, 2007 at 8:54 am
In my opinion, the day 1 lessons have broaden my horizon, and it really tickles my mind on the power of the internet sales. I think what is importance is the knowledge imparted by Fione and Harrace has led me to believe that there are really ways and means to make money online, although it is just only half way of the coaching.
March 7th, 2007 at 10:10 am
china is indeed a huge market. the population is also enormous. if the technology there expands further more. i’m sure it would be the worlds largest market and would certainly catch up to U.S .
March 8th, 2007 at 10:02 am
China can expand on its technology and accessibility and also to train its young internet users to participate in online forum to post interesting topic to increase its traffic.