Chinese domain names and their impressive growth rate
What do you think is the fastest growing domain name on the internet? It is the Chinese (.cn) domain. As the Chinese economy is growing, so is the number of internet users in China. In fact, the number of Internet users in China surpassed the US in 2008.
According to CNNIC, there were 298 million Chinese Internet users by end of 2008 and growing at 800,000 new users per day. It is currently 22% of Internet users worldwide, and could surpass Internet users in Europe very soon. This is to say the least an impressive growth rate.
Also, there is a new top level domain that will be offered to users. (.China) will solely consist of Chinese characters. Until now China has had to settle for .cn, which is incomprehensible to the typical Chinese Internet user.
.cn is today the largest ccTLD and the 2nd most registered top level domain after .com with almost 17 million registrations. Since CNNIC has made it very easy to register .cn domain names, .china is expected to have similar regulations. So it can be expected that the new top level domain will surpass .cn inside 2-5 years after launch, and .cn will only serve for users using Latin characters.