According to statistics from the China
Internet Network Information Center (CNNIC),
China's netizens had reached 210 million by
December 2007, an increase of 73 mln
year-on-year, and 48 mln more than the number
in H1 2007. Internet penetration has reached 16%
of the overall population. In addition, broadband
subscribers have reached 163 mln and wireless
Internet users have reached 50.4 million.
The current growth rate of 50% cannot be
sustained. I doubt a country of 1.3 billion
can get all its citizens on the Internet in
another 5 years, which is what a growth of
50% compounded would do. To get
a better picture of how this affects Baidu,
we need to wait for numbers on growth rate
for Internet searches.
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