This government game allows players to fight corrupt officials and their bikini-clad mistresses
Consulting firm iResearch reports the market size of Internet-based economy was RMB14.63 billion ($2.15 billion) between July and September, a growth of 52.2% on the same period of last year, or 9.8% on the second quarter of this year.
In the second quarter the year-on-year growth rate was 62.8% and the quarter-on-quarter growth was 14.9% .
Advertising and games continued to be major sources for Internet business revenue, combining to account for 72.7% of the total income of the web-based economy.
The market volume of Internet ads amounted to RMB5.16 billion in the third quarter, up 12.9%. The growth was attributable mainly to the Beijing Olympics.
As demand from abroad was driven down by the financial turmoil, the B2B e-commerce market grew only 0.7% to RMB1.46 billion. Meanwhile, growth in Internet-based job-hunting business slowed to 4%, due largely to difficulties in corporate operations and ensuing less employment.
The tourism reservation market increased by only 1.3% to RMB712 million, as a result of shrinking logistics and travel for the Beijing Olympics being affected by tightened security control.
Source: China Daily