Latest News:  
Beijing   Sunny/Thundershower    32 / 25 ℃  City Forecast

English>>China Business

More Chinese firms turn to Internet amid economic slowdown


08:22, August 07, 2012

More Chinese enterprises have taken to the Internet to do business.(Photo/China Daily)

BEIJING, Aug. 6 (Xinhua) -- An increasing number of Chinese enterprises have taken to the Internet to do business more effectively and efficiently in light of the current economic downturn, according to data from the country's Internet regulator.

China had 8.73 million registered domain names at the end of June, and 3.98 million were registered using ".cn" domain names, the China Internet Network Information Center (CNNIC) said Monday.

The number of Chinese websites using ".cn" domain names in the first half of this year was up 460,000 from the end of 2011, marking the fastest biannual growth since 2008, according to CNNIC.

The ".cn" suffix is a so-called Top Level Domain for China, like ".com" or ".net," and individuals and companies seeking to create a web address are required to be approved by CNNIC.

Of those newly-added ".cn" websites, about 71 percent were domestic companies, particularly small and medium-sized enterprises (SMEs).

"This shows that a number of SMEs are beginning to promote their own brands and services through the Internet," CNNIC said in a statement.

China has the world's largest number of Internet users, with an online population of 538 million by the end of June, including 210 million online shoppers, data released by CNNIC last month showed.

China's e-commerce transactions totaled 5.88 trillion yuan (933 billion U.S. dollars) last year, up 29.2 percent year on year, according to the Ministry of Commerce (MOC).

According to the MOC, over 40 percent of Chinese SMEs have used e-commerce to maintain rapid growth, as a worsening external environment, rising labor costs and tightened credit have created difficulties for SMEs.

The Chinese economy expanded 7.8 percent year on year in the first six months, marking the slowest growth in three years.

The Chinese Internet watchdog's permission for individuals to register ".cn" domain names again since May also helped boosted the popularity of the ".cn" suffix, as 94,000 personal websites have been registered, CNNIC said.

CNNIC had prohibited individuals from registering websites with the domain name ".cn" since December 2009, when a nationwide crackdown on pornographic websites and portals containing "illegal and hazardous" information was launched.

News we recommend:
Luxury brands continue to cash in on China market Rare earth regulation justified Growth to bounce back in H2
Lamborghini sees 20-30% rise in supercar sales Ad campaigns are competing hard in London Major lenders broaden horizons and flex financial muscles
US takes trade remedy actions against China  Chinese prefer foreign brands Mascot maker feels pinch of rising labor costs


Leave your comment0 comments

  1. Name


Selections for you

  1. PLA officers and men in drill

  2. Russian girls go retro on bicycle

  3. Chinese firms turn to Internet

  4. 11th animation cosplay contest held in Lanzhou

  5. Top Tips for Olympic Quality Sports Photos

  6. Orphaned kangaroo, wombat become friends

Most Popular


  1. Clinton visit won't affect China-Africa ties
  2. Washington stuck in political paralysis
  3. Commentary: Outlook not that pessimistic
  4. Editorial: Mission for eurozone leaders
  5. UN resolution adds pressure to Syria gov't
  6. What is wrong with products made in China?
  7. Indian blackout: result of neglect of livelihood
  8. Editorial: Economic food for thought
  9. Detachment no serves China's interest in ME
  10. US sanctions on China's bank ridiculous

What's happening in China

Huaxi once again aims sky-high with own helicopter

  1. Survey: Students prefer variety shows to news
  2. Rains spawn deadly floods, mudslide
  3. 1 dead, 40 injured in Yunnan mudslide
  4. 30% of migrants without contracts: report
  5. Poll: Chinese want lower movie-ticket prices

China Features

  1. Why Hollywood favores China's actresses?
  2. Dongfeng Honda to recall 76,000 CR-Vs
  3. How to protect yourself during heavy rainstorms?
  4. Are synthetic drugs toxic?
  5. Amway vitamin C tablets short in weight

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai