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Ramping up its export juggernaut and taking full advantage of WTO entry, China’s economy in the first decade of the new millennium was “boom with no bust.” The information revolution fed more growth, as hundreds of millions of Chinese came online. But the Internet also became a forum for discontent, and the new leadership team of Hu Jintao and Wen Jiabao acknowledged growing environmental and social justice concerns with their call for a more harmonious society. Then, as the credit crisis in the US spread into a global economic crisis, China’s export-dependent growth appeared in jeopardy, and fears of a Chinese crash surfaced. But, as in 1998, China weathered the storm, and emerged in 2010 as the world’s largest exporter, largest foreign creditor, and fastest growing major economy, poised to soon surpass Japan and eventually eclipse the United States as the biggest economy on the planet.

The Early Days of China’s Internet

Period: Overdrive (2000s)

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  • WTO Was a Tool to Accelerate China's Growth

    Charlene Barshefsky

  • 2001 Marked a Change in China's Quality of Growth

    Trevor Houser

  • The Export Boom was Due to Dollar's Depreciation

    Brad Setser

  • The CCP Retains Strong Influence over the Economy

    Susan Shirk

  • Change in Leadership Causes a Change in Policy

    Li Cheng

  • China Needs to Bring The Environment Back in Sync

    Elizabeth Economy

  • This is a Great Moment Given All of That Legacy

    Robert Oxnam

  • The Olympics Was a Strange, Surreal Nightmare

    Ai Weiwei

  • The Internet Facilitates Social Mobility

    Michael Anti

  • China Needs to Innovate

    Isaac Mao

  • Listen to Outside Voices

    Rose Luqiu

  • Nobody Trusts The Chinese Government

    Mao Yushi

  • Olympic Epiphany

    Cai Guoqiang

  • Internet and Mobile Helped The Boom of Information

    Bruno Wu

  • A Blind Man Riding on The Back of Blind Tigers

    Jack Ma

  • China Has a Big Employment Problem

    Thomas Rawski

  • China's Reserves are Worthless Because They Can't Use Them

    Carl E. Walter

  • Chinese Companies React Faster

    Edward Tse

  • Generation Gaps

    David Zhang

  • It’s Not Just About Economics

    Frank Hawke

  • The Early Days of China’s Internet

    Chen Qi

  • No Dispensation from The Laws of Economics

    Stephen Roach

  • US-China Symbiosis Fed the Boom

    Federico Rampini

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Meettheexpert

Chen Qi

Chief Operating Officer, Koolanoo Group

Chen Qi is one of the founders of 360Quan.com, a leading social networking site for teens in China. In 2001, Chen graduated from Beijing Normal University with a degree in Economics. Following his graduation, Chen became a journalist at China Central Television, the state owned news station, and holds the distinction of having been the first network journalist to report from the Advanced Base Camp of Mount Everest, at an elevation of over 21000 feet above sea level. After leaving CCTV, Chen served as the communications director for Conservation International in China.

360Quan.com was started in 2007, and as of Jan 2008 there were more than 22 million people using 360Quan each month. Following Koolanoo Group's investment in 360Quan, Chen became the chief operating officer of Koolanoo Group, a post he holds today. 


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I went to college in 1997. I remember the handover of Hong Kong right before my college entrance exam. I also had my first encounter with the Internet in the same year. I learned a little bit about the Internet in Chongqing, Sichuan. Then I became really interested in it after I came to Beijing. At the time, we had to wait in line to get on the Internet at the computer lab. The computers were all really old, with those black and white screens. And all we could do was to use Telnet to log on some BBS. All of a sudden, I discovered: hey, I could chat with people! This is interesting! I was among the first group of netizens in my school. I remember the lab was at Building Two, on the second floor. It only had about 40 computers. And everyone had to go there to get on the Internet. Then again, most students at the time weren't aware of the Internet. But I was interested. Some people had to use the internet for their assignments, perhaps they were majoring in related fields. To me, it was purely a curiosity. I found it interesting and wanted to learn more about it. I like unusual things. So I waited in line and wanted to find what I could do on the Internet. At the time there wasn't much one could do on the Internet. There weren't' many websites in China, just one or two with some scale. Like Stone Rich Sight, with perhaps just a thousand visitors in total. It's nothing like today's websites. The only websites with more visitors were college bulletin board systems (BBS). My first BBS experience was at the Tsinghua University BBS. It was the most famous BBS among college students.

 

A BBS in essence is a forum. You would use Telnet to log on, and you would be greeted by a black and white interface. No color or pictures, it would be text only. Then you could select to go to different boards, each board would have many topics. Under each topic, you could read different posts. You could reply to a post. You could also send instant messages to another online user. He or she could reply your messages. It's a very simple community. But since it is a college BBS, people could meet and get to know each other offline. So I got to know a lot of people through the BBS.

 

I think the biggest difference between Chinese and Western Internet users is that Chinese people use the Internet mainly for entertainment purposes. Only a small portion of Chinese Internet users get online to find information, or for some work-related purposes. Most Chinese people use the Internet for entertainment, to kill some time. Whether through watching movies, listening to music, playing games, or visiting social network websites, it's all entertainment. In the past, Chinese people only had very limited ways of entertainment. People would just go out to watch a movie or go shopping. Then suddenly, they have the Internet, something with a very low fixed cost. It's easy and cheap whether you go to Internet Bars or stay at home. But you can have access to so many ways of entertainment. So people are willing toget online. At the same time, you can interact with so many people.

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Cite this Source >>
“The Early Days of China’s Internet | Chen Qi | Overdrive | The China Boom Project.”
The China Boom Project.
The Asia Society Center on US-China Relations.
1 June 2010.
Web.
09 May 2025.
<https://chinaboom.asiasociety.org/period/overdrive/0/249>.
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