China ICT (Info Communications Technology) Industry, Infra, Commerce, Exports: News & Discussions

[Place Of Space]

My broadband speed had been increased from 20MB/S to 50MB/S.

Nah, I signed an one-year contract. Can the speed increase automatically? lol

 

[Indus Falcon]

What is our benifit in this ?
Idhar you yay halaat hen k from 15 days our PTCL is down due to blast in the local dabbi.Hence no intnet.
And they couldn't fix it half a month has passed..

O Bhai...tu kyun khush ho rha hai ?

Hahaha

Sorry to see you gentlemen suffering from myopic vision! My heartfelt sympathies!

The following is my personal belief:

1) When someone succeeds, no matter how small, be happy and pray for them to succeed more. It wan't your decision that they succeed, it was the Almighty's decision. Secondly, when you pray for them to succeed more, Angels reply "for you also"

2) Success in life is NOT money and riches, but inner peace.

 

[Place Of Space]

You might be aware of India - China or Japan - China or US - China bilateral trade and the number of them visiting/living China, it dwarfs Pakistan.

None of that matters to geo-politics.

It's you shift the topic to geo-politics. If he live in China, the news of course benefits to him. Less payment, higher speed is a good thing to everyone.

 

[Indus Falcon]

Off- Topic: It is indeed interesting that many Pakistan consider China's interest same as theirs. I have rarely seen such appreciation of a country by another, however unrequited it might be on the other side. Even US and UK relationship is much more balanced relatively.

May be the lesson here is that Pakistanis can be fiercely loyal or is China being the sole source of "un-conditonal support" when Pakistan is on wicket internationally is reason for such love

Maybe it's because, China has not only supported us politically but militarily as well. In 1965 they transferred aircrafts from their existing squadrons, plus a lot more.

The recent hostilities, China was the first one to call Gen.Raheel, followed by three other countries, (not to wish him Happy Birthday but) to tell him, that in the event of any attack, (no matter how small, or big), Pakistan can rely on them, diplomatically as well as militarily.

They have earned our #Respect

Note: All four had the same message: Unconditional Diplomatic and Military Support.

 

[nForce]

Sorry to see you gentlemen suffering from myopic vision! My heartfelt sympathies!

The following is my personal belief:

1) When someone succeeds, no matter how small, be happy and pray for them to succeed more. It wan't your decision that they succeed, it was the Almighty's decision. Secondly, when you pray for them to succeed more, Angels reply "for you also"

2) Success in life is NOT money and riches, but inner peace.

correct word for it is - happy for you.

 

[Edison Chen]

I just signed 1 year contract with China Telecom, 20M speed, which cost me about 230 U.S.Dollars. I wish they could upgrade it to 100M.

 

[Tresbon]

China is set to spend USD 22.1 billion to upgrade its Internet infrastructure and the development of its logistics industry in 50,000 villages as part of the government's efforts to encourage online shopping among rural residents.

The telecommunication upgrade will involve investment of at least 140 billion yuan (USD 22.1 billion), official media reported.

An executive meeting of the central cabinet presided over by Chinese Premier Li Keqiang decided to allocate more central government funds to building Internet infrastructure and also advocated funding from local governments and social organisations.

A circular issued after the meeting said the government plans to invest up to 140 billion yuan in the sector by 2020 to provide at least 50,000 villages with Internet access.

By then, about 98 per cent of the nation's rural areas will be hooked up to the Net.

The government also promised to improve Internet speed and expand wireless broadband coverage in areas with access to the Net.

Estimates of China's rural population range from 600 million to 800 million.

The meeting yesterday also pledged to expand e-commerce apps in rural areas, especially in promoting agricultural products and trips to the countryside.

The government will also open up the delivery industry to social investors, encourage mergers and acquisitions, and streamline customs procedures for cross-border deliveries.

Zeng Chen, an e-commerce expert at the Ministry of Commerce, said online shopping revenues topped 9.8 trillion yuan (USD 1.6 billion) from January to August, a year-on-year rise of 24.7 per cent.

"There is a large market for e-commerce in rural areas and small and medium-sized cities in western China, where residents need the same goods as their urban counterparts but have limited access to such products.

"E-commerce revenues in third-and fourth-tier cities have shown stronger momentum than in big coastal cities, and we expect increased growth in these areas when local logistics are improved," Zeng has been quoted by the state-run Xinhua news agency.

Cross-border e-commerce and shopping conducted via mobile devices are the new growth points for the industry.

Chinese spent about 90 billion yuan (USD 15 billion) last year on mobile phones and other mobile devices, comprising one third of the total they spent online.

More than 80 per cent of export and import companies in China have opened online businesses.

China to spend $22.1 bln to upgrade internet in rural areas | Business Standard News

 

[Dungeness]

China is set to spend USD 22.1 billion to upgrade its Internet infrastructure and the development of its logistics industry in 50,000 villages as part of the government's efforts to encourage online shopping among rural residents.

The telecommunication upgrade will involve investment of at least 140 billion yuan (USD 22.1 billion), official media reported.

An executive meeting of the central cabinet presided over by Chinese Premier Li Keqiang decided to allocate more central government funds to building Internet infrastructure and also advocated funding from local governments and social organisations.

A circular issued after the meeting said the government plans to invest up to 140 billion yuan in the sector by 2020 to provide at least 50,000 villages with Internet access.

By then, about 98 per cent of the nation's rural areas will be hooked up to the Net.

The government also promised to improve Internet speed and expand wireless broadband coverage in areas with access to the Net.

Estimates of China's rural population range from 600 million to 800 million.

The meeting yesterday also pledged to expand e-commerce apps in rural areas, especially in promoting agricultural products and trips to the countryside.

The government will also open up the delivery industry to social investors, encourage mergers and acquisitions, and streamline customs procedures for cross-border deliveries.

Zeng Chen, an e-commerce expert at the Ministry of Commerce, said online shopping revenues topped 9.8 trillion yuan (USD 1.6 billion) from January to August, a year-on-year rise of 24.7 per cent.

"There is a large market for e-commerce in rural areas and small and medium-sized cities in western China, where residents need the same goods as their urban counterparts but have limited access to such products.

"E-commerce revenues in third-and fourth-tier cities have shown stronger momentum than in big coastal cities, and we expect increased growth in these areas when local logistics are improved," Zeng has been quoted by the state-run Xinhua news agency.

Cross-border e-commerce and shopping conducted via mobile devices are the new growth points for the industry.

Chinese spent about 90 billion yuan (USD 15 billion) last year on mobile phones and other mobile devices, comprising one third of the total they spent online.

More than 80 per cent of export and import companies in China have opened online businesses.

China to spend $22.1 bln to upgrade internet in rural areas | Business Standard News

That is what all responsible governments in the world should do.

 

[Shotgunner51]

Estimates of China's rural population range from 600 million to 800 million.

Back in 2012, the rural population was 649.83 million (see below), about 48% of total pop.
By 2015~2016 I suppose the rural pop will further drop, let's wait for updates.

PovcalNet
Country; Population (m)
China*; 1,350.7m
China-Urban; 700.86m
China-Rural; 649.83m​

A circular issued after the meeting said the government plans to invest up to 140 billion yuan in the sector by 2020 to provide at least 50,000 villages with Internet access.
By then, about 98 per cent of the nation's rural areas will be hooked up to the Net.

Good news!

 

[TaiShang]

That is what all responsible governments in the world should do.

This will help reinforce internal consumption.

In a sense, China's virtual high-speed rail.

 

[Shotgunner51]

This will help reinforce internal consumption.

In a sense, China's virtual high-speed rail.

As infrastructure investment matures in urban China, the next wave of construction shall concentrate in rural China where there are still 40+% pop now (lower in the long run, urbanisation remains the main theme). Just as in the cities, infrastructure will catalyze economic activities in rural China and build them wealth.

 

[Jlaw]

First let there be freedom of information.

@Hu Songshan please ban this banned Indian as he has been trolling in Chinese threads

 

[ahojunk]

This is good news for the disadvantaged rural and remote folks.
Alibaba needs to do more work in all the "light blue areas" where the participation is minimal.

-------------------
Taobao village clusters spreading reach
By Meng Jing (China Daily)
Updated: 2015-12-26 08:00

There are now 780 so-called "Taobao villages" in China, a 268 percent increase over the past year, according to the latest research.

The term refers to village-based online business clusters that each has an annual e-commerce transactions worth in excess of 10 million yuan ($1.55 million), involving more than 100 active online stores representing at least 10 percent of a village's households doing business online.

The figures were released by AliResearch, Alibaba Group Holding Ltd's research institute, and showed those 780 sites played host to more than 200,000 active online stores, which officials said prove just how fast the Internet is transforming the rural economy.

They also show customers from 832 of China's poorest counties spent 100.9 billion yuan on Alibaba's online platforms during 2014, and users sold products worth 11.93 billion yuan.

AliResearch claims doing business online is fast becoming one of the most effective ways of eliminating rural poverty, particularly for those selling farm produces, who can reach many more markets and also sell their produce at a fraction of the cost of using more traditional sales channels.

 

[Edison Chen]

Taobao really makes Chinese people's living much more convenient than ever. These taobao villiages also provides a lot of job opportunities to the unemployement group.

It reminds me of Jingdong that offers home delivery services of many kinds of goods and services. Just sitting in the house, you will enjoy home delievery of shopping market stuff (grocery like meat, vegetable, fruite, drinks, wines and snacks ), food from restuaruant, medicines of common illness, home cleaning services (including electrical home appliances maintenance, call the cook to your home, car maintenance, babysitter), laundry service（shoes, clothes, blanket and bags）, and even massage and haircut! LOL！

 

[LowPost]

This is How Chinese Internet Companies are Leading the Way in Monetizing Traffic

Internet companies in China have led the way in spurring innovation with the creation of uniquely Chinese business models, including ways to monetize online businesses such as social media and games.


Tencent, China’s leading Internet service, has developed a wide range of revenue streams to monetize traffic to its sites. It developed these different streams in part because advertising is a much smaller industry in China than in places such as the United States, so depending heavily on ads, as US companies such as Facebook and Google do, was not a viable option.

Tencent generates 90 percent of its revenue from non-advertising sources such as sales of virtual items to gamers on social platforms, e‑commerce, and online payments. Facebook, by contrast, derives 93 percent of revenue from advertising; its revenue per user was $9 in 2014, compared with $16 per user for Tencent.

Similarly, YY.com, a video-based Chinese social communication platform, also has several revenue streams, including a virtual currency. In 2014, YY generated 57 percent of its revenue through sales of virtual goods that viewers on entertainment and music sites purchase to give to performers they like.

Top performers on YY can earn more than 20,000 RMB ($3,300) a month, seven times what the average factory worker earns.

In many areas, Chinese online services have become leaders in business model innovation. WeChat, a social media platform, has added e‑commerce, allowing users to shop for everything from stickers and games to groceries. WeChat members can also book taxis and flights. WeChat added mobile payments in 2013. Facebook announced plans for an online payments system in March 2015.

WeChat allowed subscribers to set up online stores in 2014; in July 2015, Facebook announced a test of a new feature to allow retailers to sell from their Facebook pages.

This chart from our recent report on innovation in China illustrates how far ahead Chinese internet players are relative to their US counterparts:

This is How Chinese Internet Companies are Leading the Way in Monetizing Traffic | Erik Roth | LinkedIn

@Shotgunner51 @Martian2