China Cyber-economy Development Report
In 2005, China's E-commerce market scale reached 680 billion RMB. The cyber-economy mentioned in this report means network service companies' economic activities fully depending on the Internet platform. Since 2006, led by Web 2.0, cyber-economy opportunities will emerge in an endless stream and those opportunities supply a new development space for investors and pioneers.
According to the research of Research in China (RIC) on hundreds of network companies in 2005, cyber-economy has become a successful ( large income scale ) business pattern. It mainly concentrates in nine fields: online advertisement, online tourism, online recruitment, online shopping, search engine, automobile websites, real estate websites, online payment, online music and online video.
According to RIC, China's cyber-economy scale exceeded 20 billion RMB in 2005. This report summarizes the current situation and competition pattern of China's cyber-economy in general and studies the successful business patterns of major network companies. In addition, the report analyses the market opportunities of cyber-economy and companies worth investing in.
Comprehensive portals and industrial websites have an integration function of "gathering the population". However, with the popularization of the Internet in the daily life, more focused websites targeting professional groups are needed to meet the individual's demand for diversity and personality.
Web 2.0 is the new Web model, represented by webs such as Flickr, Craigslist, Linkedin, Tribes, Ryze, Friendster, and by social concepts such as Blogs, TAG, SNS, RSS, Wiki. It was realized by the new theories of Six Degrees of Separation, xml, ajax and new techs. Many emerging webs are become fashionable and some of them have attracted large amounts of investment. This report analyses business patterns and development prospects of those emerging webs.
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