Chinese internet user base will reach 800 million by the year 2015

China’s Internet user base will reach 800 million by the year 2015 as predicted by China’s Ministry of Industry and Information Technology (MIIT), noted by Marbridge Daily.

MIIT official Miao Wei explained the increase in the number of users is due to “Broadband China” project that is committed to bringing broadband connections to maximum regions of the country.

China internet users (Credit: http://emergingmoney.com)

According to MIIT, China’s internet user base reached at 550 million in the Q3. China Internet Network Information Center (CNNIC) reported that 538 million users in China were online in the first half the last year. This figure is 11% up year-over-year with internet penetration to 39.9% of the users. China had nearly 565 million Internet users at the end of the year 2012. It means to reach the predictions, China has to add 135 million internet users over the next three years that is about 11 million per quarter.

According to Miao, the country has the goal of reaching the e-commerce transactions of RMB 18 trln ($2.89 trln) annually, 2.3 mln new internet sector jobs, and software and information service revenue of RMB 4 trln ($0.64 trln) per annum by 2015.