After last week's Chinese Domain Name Registrar Conference held in Kunming by the China Internet Network Information Center (CNNIC), many domain sellers have dropped their prices for .CN domains by as much as 40%.

With the price drop, registrars hope to match the price of .COM domains by the middle of February. A typical .COM domain name currently sells for about CNY130 for an annual registration.

For Chinese users, .CN helps them avoid the risk of international lawsuits caused by domain names, while for international users, it provides an easy way for them to localize their websites for Chinese users.