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June 29 – China's spending on entertainment and recreation topped ¥2.86 trillion in 2011, making up 15.5% of retail sales and 6.1% of gross domestic product, according to a report released by the Chinese Academy of Social Sciences
June 29 – Revenue from radio and TV broadcasting in China grew 17.7% to ¥289.48 billion in 2011, with contributions mainly coming from ads and commercials, network TV programs and box office receipts, according to the General Administration of Radio, Film and Television. Ad revenue was up 19% to ¥112.29 billion; revenue from on-demand TV programs was up 16% to ¥56.39 billion; box office revenue was up 29% to ¥13.1 billion. There were 803 movie theaters with some 9,600 screens in China as of the end of January 2012, making the country the world's second largest film market.
June 28 – The Chinese government will draft rules to encourage the private sector to invest in the telecommunications market, the Ministry of Industry and Information Technology said. The move came after the banking, securities and insurance regulators announced similar measures to attract private capital last week.
June 25 – China's revenue from telecommunications services rose 9.7% year on year to ¥428 billion during the first five months of 2012, the Ministry of Industry and Information Technology said. Over 10.67 million people subscribed to mobile services in May, taking the total number to 1.32 billion. Between January and May, the number of mobile phone users increased by 54.57 million, including 38.25 million 3G service users.
June 18 – The number of mobile device users in China grew by 39 million in Q1 2012, the largest increase worldwide during the period, according to handset maker Ericsson.
June 15 – Revenue from China's software industry has risen to ¥1.85 trillion last year from only ¥79.6 billion in 2000, representing a 23-time increase over the decade, commerce minister assistant Qiu Hong said at a software fair. The nation's software exports surged from scratch in 2000 to $14.34 billion last year, with 14 software developers each exporting over $100 million worth of products.
June 14 – The number of global mobile Internet service subscribers will more than double to 2.9 billion people by the end of 2016, including one billion from China, according to a PwC report.
June 8 – Revenue from China's online gaming market grew 34.4% to ¥46.85 billion in 2011, according to the Ministry of Culture. The number of online game players increased 33% to 160 million.
June 4 – Revenue from browser games in China rose 21.1% quarter on quarter to ¥2.32 billion in Q1 2012, according to Analysys International.
May 30 – Turnover of e-commerce transactions in China expanded 29.2% to ¥5.88 trillion in 2011, according to a report released by the Ministry of Commerce. The amount was equivalent to 12.5% of gross domestic product. The number of online shoppers climbed to 194 million last year, and online retail sales added up to ¥782.56 billion, or 4.3% of total retail sales.
May 29 – Revenue from China's software industry expanded 26% year on year to ¥652 billion in the first four months of 2012, the Ministry of Industry and Information Technology said. The value of software exports rose 10.2% year on year to $10.47 billion between January and April.
May 29 – China had 450 million internet users as of the end of March, according to Analysys International.
May 28 – China's online billing turnover surged 112.6% year on year to ¥776 billion in Q1 2012, according to iResearch.
May 24 – Revenue from China's telecommunications services rose 10.1% year on year to ¥339.05 billion during January-April, where revenue from mobile services was up 12.9% to ¥246.13 billion, the Ministry of Industry and Information Technology said. The nation added 43.8 million new mobile service users during the four-month period, including 30.55 million 3G service users, taking the total numbers to 1.03 billion and 158.97 million respectively.
$1 = ¥6.31
@2011 China Economy @ The China Perspective.
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