BEIJING (BNO NEWS) -- Tech giant Apple made its iPhone 4 launch in China, the world's largest Internet and mobile phone market, on Saturday after opening two Apple stores in Beijing and Shanghai.

Some people spent the night waiting outside the stores to be among the first to buy the phone, which will be sold in China for the equivalent of $745 for the 16 GB model or $893 for the 32 GB model.

Prices in China are higher than in the U.S., where the 16 GB model costs $199 and the 32 GB model $299.

The Chinese not only can buy iPhone 4 in Apple stores, but also with the phone state operator China Unicom, which until Friday had received around 50,000 orders.

The Chinese seem increasingly interested in the Apple brand as the number of iPhones 4 orders has been much higher than when the original iPhones went on sale.

China has more than 420 million Internet users and more than 800 million mobile phone users.

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