As China's two annual legislative and advisory sessions proceed
in full swing this week there seems to be a race to register
internet domain names relating to the meetings, the Beijing
News reported Wednesday.
Domain names, such as "11-5.com.cn," referring to the country's
new 11th Five-Year Development Guidelines and "lianghui.cn" relate
to the ongoing annual sessions of the National
People's Congress and the Chinese
People's Political Consultative Conference, the paper said.
Lianghui literally means 'the two meetings' and how the people
in China refer the concurrently held assemblies.
The domain name "11-5.com.cn" could fetch as much 5 million yuan
(about US$620,000) if the registered owner were to sell it, said
the report.
Flashy, easy-to-remember internet names that bring?high
clicks rates have a lot of business potential. Those who register
such domain names make their money by selling them to others,
industry insiders said.
The registration of domain names using the terms related to the
annual legislative and advisory sessions is legal as there are no
regulations which ban such registration, according to the
newspaper's sources.
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(Xinhua News Agency March 8, 2006)