Zhang Zhaoyang: China'S Wealth Is Not On The Stock Market.

In September 11th, when Zhang Zhaoyang interviewed the relevant topics on the stock market, he said he did not agree with what some Internet traders had said about the Chinese economy going through the winter. He thought that at least for the Internet traders like Sohu, they are now feeling the breath of spring.

China's wealth is not on the stock market. Zhang Zhaoyang said he believes China's economy will continue to develop rapidly.

He said, when the whole economic situation is not good, first of all, the stock market is not good, but China's stock market is not particularly relevant to the economy. If the US stock market appears black Monday, it does show that the economy will not work, but China's wealth and money are not on the stock market. China's money is in the hands of various enterprises. So, first of all, the bad stock market does not mean that China's economy is not good, and the Chinese economy is also in need of regulation. But the rapid growth of China's economy throughout the past 30 years, even if it is not good, is also a rapid growth. It is also over 8%.

Because the entire Chinese economy is still growing at a high speed, people are also rich, and young people are rich. They will welcome innovative consumption. The success of China's dragon eight and Sohu's online games is based on this foundation.

Zhang Zhaoyang said that many Internet Co in China rely on advertising. China is a little different from the United States. American brand advertising is almost monopolized by traditional media, so it is difficult for new media to get too many brand advertisements in the face of the competitiveness of traditional media. Therefore, Google has gone another way. In China, Internet advertising and search advertising are also growing fast. This is very similar to that of the United States, but the characteristics of the Internet network media in China are very well behaved, which is more powerful than that in the US. Therefore, the Internet brand advertisement in China has a better prospect in China than in the United States.

But if you want to achieve this, you have to have a large number of users, so the final competition will still be attributed to the competition of users. This Olympic Games has given the Internet opportunities. As a sponsor of the Internet content service of Beijing 2008 Olympic Games, Sohu has relied on the 3800 hour event video resources, and 24 hours of video directed at all the 302 events of the Beijing Olympic Games, creating an unprecedented Olympic video feast for the global netizens.

In China, there is such a unique opportunity that the Internet media platform is indeed becoming more and more mainstream, which is also achieved through the Olympic Games.