According to the latest statistics from China Network Information Center (CNNIC) and Webhosting.info, domestic .CN and .COM registrations total over 20.2 million. There are, however, only 670,000 websites currently in operation in the country, indicating that China's domain names are 70% dormant. At a cost of 100 yuan (US$12.3) per registration, this works out to a total waste of 135 million yuan (US$16.7 million).