(Source: 2012cic.wangminjie.cn)

View Points

Qian Xiaoqian, deputy director of State Internet Information Office
The development of the mobile Web greatly expands its scope of service. Both convenient and economic, most living in rural areas and migrant workers use mobile Internet access to connect with the rest of the world. Nearly 52 percent of new Internet users are from rural areas, according to a CNNIC (China Internet Networks Information Center) survey conducted during the first half of 2012, while over 60 percent of those are  mobile Internet users.

Miao Wei, Minister of the Ministry of Industry and Information Technology
The application and consumption of Network information will provide next wave of economic stimulus. The current annual sales of electronic products are a trillion yuan, while applications may have already reached nearly ten trillions.

Shang Bing, Vice-Minister of Information Industry Ministry
Internet companies should comply with industry rules and commercial ethics, intensify internal management and fulfill their responsibility to avoid cut-throat competition. Disputes between Internet companies should be resolved through negotiation, administrative or judicial channels, and should never infringe on the rights and interests of consumers.

Ma Huateng, CEO of Tencent, Inc.
All developers should be involved in mobile Internet security. We hope orderly competition will be conducted in this field, and I firmly oppose leaking user’s private information through hidden exploits.  

Relevant articles

Internet Business Opportunities

Cross-industry tie-up presents branding issues
Ping An Insurance (Group), China's second largest insurance company, recently announced publicly its intention to team up with Tencent Holdings, the third largest Internet company in the world, and Alibaba Group, the operators of China's largest e-commerce platform, to deliver online financial services, an extremely innovative move.

Who owns Weibo?
It seems that with the explosion of the Internet, new business opportunities are constantly being discovered by entrepreneurs. As most Chinese use Weibo, China's Twitter-like site, as their primary source of information, as well as a place to air personal opinions, one user, Zhang Jianwei, has found a way to capitalize on the steady stream of fans of his Sina Weibo page.

More Chinese firms turn to Internet amid downturn
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.

Industry Wars

Suning, Gome and 360buy
Chinese online retailers engage in price war
Chinese retail giants on Wednesday started offering massive tit-for-tat discounts to fire up sales amid sluggish domestic demand.

360buy unleashes new B2C price war
Chinese online business-to-consumer (B2C) retailer 360buy.com signaled a new round of price wars in the sector Tuesday by announcing that the home appliances on 360buy will be sold at zero gross margins for the next three years.

Lack of awareness costs consumers
The National Development and Reform Commission (NDRC), China's top economic planner, recently punished retail giants Suning, Gome and 360buy.com for allegedly cheating shoppers during the highly-publicized online price war which landed the three in the media spotlight last month.

Qihoo 360, Baidu and Sohu
Qihoo search engine well-placed to steal Baidu’s fire
Since Qihoo 360 Technology Co, the maker of a popular anti-virus software program, launched its own search engine on August 16, followers of the local IT industry have been largely divided about what this development may mean for Baidu. While Qihoo was able to snatch up an impressive chunk of the domestic Internet search market - perhaps as much as 10 percent according to some reports - in just its first week of operation, many pundits and experts have downplayed the threat this newcomer poses to Baidu.

Chinese search engine rivalry intensifies
China's Internet search service rivalries intensified this week with giant Baidu Inc starting a battle with latecomer Qihoo 360 Technology Co, a fight analysts said would hurt both.

Since midnight of Tuesday, Internet users in China found that the country's largest search engine Baidu began to redirect links from Qihoo 360 search to some of its services like Baidu Know to its home page.
Several hours later, Qihoo 360 fired back by redirecting users to its cached pages of Baidu services and deleted all the default Baidu products on its aggregator website.

Sohu joins search engine battle
Sogou.com, the online search engine operated by NASDAQ-listed Sohu.com Inc, announced Friday that it would join the battle between China's search engine leader Baidu Inc and a latecomer in the sector, Qihoo 360 Technology Co.

Qihoo 360 and Tencent
War between Qihoo 360, Tencent victimizes users
Tencent, technology company and controller of China's most popular instant messaging platform, the QQ, held a press conference Thursday over its escalating war with Qihoo 360, one of China's leading online security software developers.

The war between the companies took on a more serious stance as Tencent on Wednesday started to display a message on the users' interface that it will disable its services to computers installed with 360's anti-virus software.

Cyber war between Qihoo, Tencent easing
The clash between two Chinese tech giants appeared to be subsiding Wednesday after Qihoo 360, a leading online security software provider, said that Tencent's popular instant messaging platform QQ was running smoothly on computers that also had their antivirus software.

Qihoo accuses Tencent in lawsuit of 'abusing dominant market position'
The Higher People's Court of Guangdong Province Wednesday began the trial of a case filed by Qihoo 360 against Tencent over the abuse of dominant market position.

Industry development

Internet giants launch new lobby group, urge openness
Big technology firms including Google, Facebook, eBay and Amazon have joined to create a new lobby group aimed at promoting "an open, innovative and free Internet."
The Internet Association announced its formation in a statement on its website, indicating that it would be headed by Michael Beckerman, a former congressional staffer.

China's Internet users hit 538 mln
About four out of 10 Chinese use the Internet, with the country's online population hitting 538 million by the end of June this year, according to a report released by the China Internet Networks Information Center (CNNIC) on Thursday.

New Internet stats show smartphones flourishing
On July 19, the China Internet Network Information Center released its 30th China Internet Development Statistics Report which shows that by June 2012 in China the number of people online had reached 538 million. Internet penetration was 39.9 percent of the whole population and the number of users using smartphones to access the Internet has already reached 338 million. Smartphones have already beaten desktop computers as the first choice of Internet access for Chinese.

Chinese Internet users to hit 800m by 2015
China aims to make its Internet services accessible to more people in the coming years and bring its total number of Internet users to 800 million by 2015, according to a national development plan.

Phones to become China's favorite Internet platform
The number of people accessing the Internet via cell phones will exceed the number doing so via personal computers in China in the coming two or three years, experts predicted on Tuesday.

Baidu profit up about 70%, exceeding market forecasts
Baidu Inc posted a roughly 70 percent rise in second-quarter profit on Monday, beating Wall Street's forecast, as the Chinese Internet search company said it continued making progress on increasing its number of customers.

Yahoo's quarterly earnings beat estimates
Yahoo on Tuesday reported better-than-expected quarterly earnings, a day after the Internet company named a former Google executive as its new chief executive officer (CEO).
Yahoo said that in the second quarter, earnings per share excluding restructuring and other charges rose to 27 cents, an increase of 47 percent compared with the same period a year earlier.