Latest News:  


Chinese new media sector more diverse


16:10, May 15, 2013

BEIJING, May 15 (Xinhua) -- China's new media sector has been maturing, with globalized industry leaders and vibrant smaller enterprises, according to a report published by the Xinhua News Agency on Wednesday.

With the popularity of new media, most notably the wide use of mobile Internet and smartphones, China's new media sector has diversified its structure by integrating the Internet, communications, hardware, software and information services industries, according to the report.

Leading players in the industry, including major companies like China Mobile and Huawei, have picked up the pace in improving their global layout, the report said.

Huawei, a telecommunications equipment giant based in south China's city of Shenzhen, reaped more than 35 billion U.S. dollars in business revenues and net profits of 2.4 billion U.S. dollars in 2012, both representing double-digit growth year on year, according to the report.

Although some Chinese firms' overseas acquisition efforts were thwarted, their global expansion will continue, the report said.

In addition to high-growth industry leaders, small- and medium-sized enterprises flourished thanks to the sector's low entry barrier, the report said.

Bolstered by national strategic development plans, research and development conducted by new media enterprises also improved, with new technology and an increasing number of mobile Internet-based applications emerging.

The report added that the booming new media sector has provided growth opportunities to affiliated industries, citing a rapidly growing express delivery industry that has been boosted by the burgeoning online shopping sector,

The "Report on China's Rising New Media" is the first report of its kind released by the Xinhua News Agency, China's official newswire service.

We Recommend:

Successful women:
Rich and beauty

Sweet 'lovers hotel' making good profit

Americans would shun
a Chinese brand

Jack Ma to resign as
Alibaba CEO: Video

Int'l auto show kicks off in SW China

Top 10 most profitable
public companies

Sony releases super
slim table in Hong Kong

Spring hopes maid themes will draw numbers

Quake-hit ebony carving struggling to recover

Email|Print|Comments(Editor:WangXin、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Troops in long-distance maneuver drill

  2. Int'l Maritime Defense Exhibition Asia

  3. Traditional Carabao Festival kicks off

  4. Photo Story: Survivors of the earthquake

  5. 'Sea view' of Chinese cities after rainstorms

  6. Father arrested for 'torturing' teen daughter

  7. Angelina Jolie has double mastectomy

  8. Huge birdcages displayed for green life

  9. 2013 Qingdao Int'l Auto Show kicks off

  10. No Wonderland any more

Most Popular


  1. People with depression show disrupted brain 'clock'
  2. iPad obsession hurting child's development
  3. Positive signs in Europe hard won
  4. Who do psychiatrists turn to for therapy?
  5. Park-Obama summit cements alliance
  6. Disclosure delays help fuel online rumors
  7. Yuan appreciation nears limit: experts
  8. Renaming 'Arab Spring' cannot hide prejudice
  9. Negative forecast leads Rio Tinto to lay-off
  10. Suffer the children, suffer the country

What’s happening in China

Maserati limousine wreck over car parts quality claim

  1. Helicopter hijacking confirmed by official
  2. Red Cross says criticism due to misunderstanding
  3. A quake survivor's tale
  4. Mystery package prompts US consulate closure
  5. Police bust $7.8 million fake condom ring