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To: blessed who wrote (281)1/15/1999 2:58:00 PM
From: blessed  Read Replies (2) | Respond to of 1541
 
This was sent to me by another investor, who for some reason cannot post. He is a paid member of SI, but apparently has some technical problems. He asked me to post it for him. It is informational.

Friday January 15 4:18 AM ET

China Says Internet Users Surge To 1.5 Million

BEIJING (Reuters) - The number of Internet users in China surged to 1.5 million in 1998 from 600,000 in 1997, the official Xinhua news agency said on Friday.

China's capital Beijing boasted the greatest number of net surfers, with 400,000 registered users. Southern Guangdong province and Shanghai followed close behind, Xinhua said without providing
a breakdown of users.

China has 540,000 computers linked to the Internet and 14,000 Internet
service providers, of which 3,550 were based in Beijing, it said.

The Internet remains the bastion of the young in China, with 84.1 percent of users under 35 years old. Of those, 43.3 percent
spend one to five hours each week on the Internet, Xinhua said.
Some 20.1 percent spent more than 10 hours on-line each week.

China has launched a research and development program to overhaul its
antiquated information databases and boost the number of China-related sites on the World Wide Web.

China has already spent 1.5 billion yuan ($181 million) to upgrade its
information resources and develop software.

Xinhua said the country planned to inject one trillion yuan, or roughly one-seventh of its 1998 gross domestic product, into the project but gave no details of when or how the money would be spent.

Speaking in Beijing last week, U.S. Internet guru Nicholas Negroponte
predicted the number of Internet users in China would balloon to 10 million by the year 2000.

Thanks to Xray man for the information.

Blessed