According to World Domain Conference 2016, China now accounts for more than 40% of the global sales of domain names. Will China continue to grow and remain important? I think so, because the fundamentals are very good, as follows:
1. Large internet population. China has over 700 million internet users now, and there is no reason why it cannot exceed 1 billion in the years to come.
2. Internet startup boom.
3. Government policies. One is the Mass Entrepreneurship and Innovation policy which encourages creation of companies, and the other is the Internet Plus policy which encourages traditional industries to move online.
4. Domain name as part of a brand.
5. Direct traffic.
6. Status symbol and competition.
In short, as long as these fundamentals remain in place, China will continue to grow. There will be many bulls and bears in the future, but the dragon will still provide lots of opportunities to domain investors in the west.
The complete article is available here
1. Large internet population. China has over 700 million internet users now, and there is no reason why it cannot exceed 1 billion in the years to come.
2. Internet startup boom.
3. Government policies. One is the Mass Entrepreneurship and Innovation policy which encourages creation of companies, and the other is the Internet Plus policy which encourages traditional industries to move online.
4. Domain name as part of a brand.
5. Direct traffic.
6. Status symbol and competition.
In short, as long as these fundamentals remain in place, China will continue to grow. There will be many bulls and bears in the future, but the dragon will still provide lots of opportunities to domain investors in the west.
The complete article is available here
