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Nation’s number of Internet users rises 30%

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From the Associated Press

The number of Chinese using the Internet increased 30% during the last year to 132 million, a state news agency said.

The rapid rise in Internet use has propelled growth in China’s online commerce, advertising and games industries.

China’s government encourages Internet use for business and education but tries to block access to material deemed subversive or pornographic.

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* China will make it easier for individuals to make foreign-exchange transactions next year, setting a yearly quota instead of limits for each transaction, the central bank said. The move is part of the bank’s efforts to streamline the foreign-exchange process, and comes as Beijing’s trading partners urge it to ease strict currency controls.

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