A research report from China International Capital Corp (CICC) forecasts that China will have 800 million mobile internet users by 2015 and that total assets of the industry by then would be more than RMB100 billion (US$15.05 million).
The report, cited by Communication Information News, said that the time users consume surfing the net via their mobile phones already sharply exceeds the time spent over PCs.
This can only mean that the mobile internet industry will lead to the next stage of development for the IT and communications industries, the English People’s Daily Online reported.
Kai-Fu Lee, former president of Google China and founder of investment company Innovation Works, mentioned in the report that mobile internet is a relatively new frontier with many opportunities, as the internet market has basically reached its peak.
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