The frequent trading of .cc domains in China can be attributed to several factors:
- Investment Perspective: In China, domain names have been viewed as valuable investments rather than just business assets. This perspective has led to a trend where domain names are bought and sold among investors, focusing on short letter and numeric domains, especially those with a short extension like .cc. This approach is similar to trading collectibles, where domain names are collected and then sold at a higher price to another investor, creating a cycle of trading and profit.
- Market Dynamics: The Chinese market has seen a significant influx of domain name registrations, especially for new domain extensions such as .CLUB, .TOP, and .VIP. This trend is partly due to the Chinese government’s efforts to open up the market for certain domain names to be used as proper web addresses. As more domain names become available for use, the demand for these domains, including .cc domains, increases.
- Government Approval and Regulations: The Chinese government has approved a number of Western-owned domain registries, including Verisign for .COM and .NET, and the registries for .CLUB, .VIP, and .XYZ. This approval process, though lengthy and costly, has opened up the Chinese market to these registries, allowing for greater growth and trading opportunities for domain names, including .cc domains.
- Economic Factors: The economic landscape in China, including the growth of the startup and entrepreneur markets, has created a favorable environment for domain name trading. As the Chinese market expands, the demand for domain names, including .cc domains, is expected to grow, further driving the trading of these domains.
In summary, the frequent trading of .cc domains in China is driven by an investment perspective, market dynamics, government approval and regulations, and economic factors. This trend reflects the Chinese market’s unique approach to domain name investment and the growing opportunities for domain name trading in the country.
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About .CC domains
- How to choose between .COM and .CC domain names? .COM vs .CC
- Why are .cc domains traded frequently in China?
- What is the difference between a commercial and non-commercial use of a .cc domain?
- Can a .cc domain be used for non-commercial purposes as well?
- What are the benefits of using a .cc domain for commercial purposes compared to other domain extensions?