It is reported that, by the weekend, China has seen its registered internet users exceed 200 millions, outnumbering the US. The same as its demographic population, China now has the largest internet population of the world; the figure might surprise many dotcoms because they have not expected the change would come so fast. By the end of last year, the correspondent figure was only150 millions.
Government efforts behind the scence
The Chinese administration has been investing heavily in the recent years, according to the Ministry of Industrialization and Information of China, who released the figure. Huge tranches of money were channeled to internet infrastructure development nationwide. Broadband connection and WIFI spots are sprouting in major Chinese cities.
More internet users = more money
Despite the gloomy overall economic prospect around the world, IT business is China is still expected to sustain rapid annual growth, according to some market insiders. “The unprecedented state input into IT sector spawns multiple business opportunities for IT companies,” said Li Kaifu of Google China, “moreover, the vast internet user base in China also bears huge potential for future development.”
