China Has Largest On-Line Population
Smivs writes "China now has the
world's largest net-using population,
say official figures.
More than 253 million people in the country are now online, according to statistics from the China Internet Network Information Center (CNNIC).
About 95% of those going online connect via high-speed links. Take up of broadband has been boosted by deals offered by China's fixed line phone firms as they fight to win customers away from mobile operators.
Despite having a greater number of people online, China's net economy still has a long way to go to match or exceed that of the US or even that of South Korea.
Figures from Analysis International said China's net firms reported total revenues of $5.9bn (£2.96bn) in 2007. By contrast, net advertising revenue alone for US firms in 2007 stood at $21.2bn (£10.6bn)."
Didn't we just have a story about how advertising on the web is way over-valued?
I wouldn't trust the Chinese government to report on the color of the sky, but I suppose there are ways to validate their claims.
Blar.
It's impressive that 95% of the population has high-speed Internet, but "high-speed" is limited to within the country only. Links to foreign countries are slow - VERY slow. Especially to U.S. sites. It took a very long time to load Slashdot.
That said, the links within the country are insanely fast - and cheap. People over there don't even use Bittorrent: they host all their movies on public HTTP servers. Bandwidth is so cheap that they don't even need Bittorrent. There is even some kind of urban myth over there which says that Bittorrent will wear off your hard drive because of excessive hard drive activity.