China’s booming Internet population has surpassed the US to become the world’s biggest, with 253 million people online despite government controls on Web use, according to government data reported yesterday.
The latest figure on Web use at the end of last month is a 56 percent increase from a year ago, the China Internet Network Information Center (CINIC) said. It said the share of the Chinese public using the Internet is still just 19.1 percent, leaving more room for rapid growth.
The US had an estimated 223.1 million Internet users last month, said Nielsen Online, a research firm. The Pew Internet and American Life Project puts US online penetration at 71 percent.
“This is the first time the number has drastically surpassed the United States, becoming the world’s No. 1,” a CINIC statement said.
The government encourages Internet use for business and education but tries to block access to Web sites deemed pornographic or subversive.
Web surfers have been jailed for posting or e-mailing material that criticizes the government or is deemed a violation of vague national security laws.
Beijing blocks access to Web sites run by dissidents, human rights groups and some foreign news media. Web surfers were blocked from seeing Google Inc’s YouTube and other foreign sites with video footage of anti-government protests in Tibet in March.
That same month, the government said it would shut down 25 Chinese video sites and punish 32 others for violating new rules against carrying content that is deemed pornographic, violent or a threat to national security.
In financial terms, China’s market lags those of the US, South Korea and other economies. But online commerce, video sharing and other businesses are growing rapidly and have raised millions of dollars from investors.
The commercial boom has produced success stories such as games site Tencent.com and search engine Baidu.com, which are competing with foreign rivals for local market share.
Baidu said on Thursday its profits in the latest quarter soared 87 percent over the year-earlier period to 265 million yuan (US$38.6 million).
Total revenues for China’s Internet companies soared to 40.5 billion yuan last year, up 48.6 percent from the previous year, the research firm Analysys International reported this week.
It said revenues should keep growing at an annual rate of at least 30 percent in coming years, reaching 137.5 billion yuan by 2010.
By contrast, US online advertising revenues alone last year were US$21.2 billion, according to a report by consulting firm PricewaterhouseCoopers for the Interactive Advertising Bureau.
The research firm BDA China Ltd says China’s online population should keep growing by 18 percent annually, reaching 490 million by 2012 — a number larger than the entire US population.
People can preregister to receive their NT$10,000 (US$325) cash distributed from the central government on Nov. 5 after President William Lai (賴清德) yesterday signed the Special Budget for Strengthening Economic, Social and National Security Resilience, the Executive Yuan told a news conference last night. The special budget, passed by the Legislative Yuan on Friday last week with a cash handout budget of NT$236 billion, was officially submitted to the Executive Yuan and the Presidential Office yesterday afternoon. People can register through the official Web site at https://10000.gov.tw to have the funds deposited into their bank accounts, withdraw the funds at automated teller
PEACE AND STABILITY: Maintaining the cross-strait ‘status quo’ has long been the government’s position, the Ministry of Foreign Affairs said Taiwan is committed to maintaining the cross-strait “status quo” and seeks no escalation of tensions, the Ministry of Foreign Affairs (MOFA) said yesterday, rebutting a Time magazine opinion piece that described President William Lai (賴清德) as a “reckless leader.” The article, titled “The US Must Beware of Taiwan’s Reckless Leader,” was written by Lyle Goldstein, director of the Asia Program at the Washington-based Defense Priorities think tank. Goldstein wrote that Taiwan is “the world’s most dangerous flashpoint” amid ongoing conflicts in the Middle East and Russia’s invasion of Ukraine. He said that the situation in the Taiwan Strait has become less stable
CONCESSION: A Shin Kong official said that the firm was ‘willing to contribute’ to the nation, as the move would enable Nvidia Crop to build its headquarters in Taiwan Shin Kong Life Insurance Co (新光人壽) yesterday said it would relinquish land-use rights, or known as surface rights, for two plots in Taipei’s Beitou District (北投), paving the way for Nvidia Corp to expand its office footprint in Taiwan. The insurer said it made the decision “in the interest of the nation’s greater good” and would not seek compensation from taxpayers for potential future losses, calling the move a gesture to resolve a months-long impasse among the insurer, the Taipei City Government and the US chip giant. “The decision was made on the condition that the Taipei City Government reimburses the related
FRESH LOOK: A committee would gather expert and public input on the themes and visual motifs that would appear on the notes, the central bank governor said The central bank has launched a comprehensive redesign of New Taiwan dollar banknotes to enhance anti-counterfeiting measures, improve accessibility and align the bills with global sustainability standards, Governor Yang Chin-long (楊金龍) told a meeting of the legislature’s Finance Committee yesterday. The overhaul would affect all five denominations — NT$100, NT$200, NT$500, NT$1,000 and NT$2,000 notes — but not coins, Yang said. It would be the first major update to the banknotes in 24 years, as the current series, introduced in 2001, has remained in circulation amid rapid advances in printing technology and security standards. “Updating the notes is essential to safeguard the integrity