China’s Mobile Internet Industry to See Rapid Growth Overall Consolidation.docVIP

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China’s Mobile Internet Industry to See Rapid Growth Overall Consolidation.doc

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China’sMobileInternetIndustrytoSeeRapidGrowth

China?s Mobile Internet Industry to See Rapid Growth Overall Consolidation After years of development, China?s mobile Internet industry has entered a period of rapid growth and overall consolidation. Overview of China?s Mobile Internet Industry By the end of 2010, China?s mobile Internet industry was worth RMB 293.69 billion, and the figure for 2011 reached RMB 400 billion. The year 2011 witnessed an emerging trend of consolidation in China?s mobile Internet industry. In August, Google took over Motorola Mobile; in December, Nokia announced it would abandon Symbian OS. All these incidents signified that the mobile Internet industry has entered a period of overall consolidation. In addition, mobile Internet has been included in the strategic emerging industries of China, which gives a strong driving force for its rapid growth and overall consolidation. A Nationwide Mobile Internet Industry Took Shape in 2011 gionsG aereo lgorcaaptehdic i np at htt ee sronu: tTh,h teh ek enyo r r t e hand the west. China?s mobile Internet industry is largely clustered in four regions: the Pearl River Delta in the south, the Circum-Bohai Sea in the north, the Yangtze River Delta in the east and the West Triangle centered on Chengdu, Chongqing and Xi?an, which altogether contribute more than 90% of the industry?s total output. has e Sxt preurcietunrcaeld p aa trtaeprind: gTr ohw e t inhd, uwst it r h y mobile terminals in the dominant position. In 2010, the country?s output value of mobile terminals came to RMB 215.57 billion. While the mobile terminal industry remained in the dominant position in 2011, the mobile software and application industries also experienced a noticeable growth. investImnveents i tsm aectnivt ep, wathtieler nd:i rEec n ttgeo r vpe r r i n sement investment is rarely seen. In China, state-owned enterprises and private enterprises are the major investors of the mobile Internet industry, while the government only funds a number of state p