China's fast growing Internet market gives young Chinese entrepreneurs a golden opportunity to create their own business, however being aware that success in the Internet age can be fading as quickly as it came.

One of the most successful internet entrepreneurs, 25-year old Erick Guo told Xinhua about the conditions of doing business on the Internet today:

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"Coming up with a good idea and make a onetime hit is easier than creating a business, that goes on offering great products to its customers," he said.

In June his app MYOTee got 30 million downloads shortly after it was released. In July this number was already decreasing drastically.

"This is how things work in the internet age, and we are not kicked out of balance," he said.

In China more than half its billion figured population is already online on the internet. The latest number says 632 million possible customers for upcoming Internet gold diggers with more to come in the near future.

Chinese tech companies like Baidu, Alibaba and Tencent has all profited huge on the Internet boom.

It is expected that even greater opportunities will appear, as China is changing the economy towards domestic consumption and innovation as part of the government's current 5-year plan.

The consultant company, McKinsey predicts in a report released Monday, that the Internet could take a share of up to 22 percent of the growth of GDP in China in 2025 increasing productivity through using the internet across different sectors.

The Chinese government is encouraging the young Chinese college students to start their own business. Recently the ministry of Human Resources and Social Security published a plan to help up to 800.000 students starting up their own business by 2017.

As Erick Guo said: "If you compare startups on the internet with more traditional sectors, you will find that Internet business gives everybody the chance to build a successful business,"

"All it takes, to compete with already established industries, is a good idea and some digital skills," he said to Xinhua.