In the economic downturn, the investments into various industries have obviously slowed down and mobile internet becomes the hottest investment spot in China.

In the first half of 2012, mobile internet industry has attracted an overall published investment of $378 million (about 2.4 billion yuan), according to data from Zero2IPO Database.

In recent two years, the users of mobile internet in China increased tremendously, the number of which is expected to exceed 520 million by the end of 2012.

With the development of mobile internet into large scale, large numbers of investors see great opportunities in the further development of this industry.

Data from Zero2IPO Database reveals that the investment boom in mobile internet industry started from 2011 lasts all the way till now. In the first half of 2012, there are 30 investments, 17 of which have published the detailed amount that the overall amount is $378 million for them, $22.25 million for each on average.

Due to the decreasing of participation costs for both personal users and enterprises and the open of application entrances and operation systems, mobile internet industry has entered into a high-speed development period. "But it's still not the harvest time for mobile internet at the moment", said Ni Zhengdong, Chairman of Zero2IPO Group on the second China Mobile Internet Investment and Financing Forum on Sept 4.

 "At the end of the great revolution in IT industry, mobile internet will see a much greater and much longer increase", said Chen Yizhou, CEO of Renren Inc.