E-commerce Gaining A Foothold In China

From AFP:

With more Internet users than any other nation on the planet, China’s is booming, but obstacles remain before the full business potential can be unleashed, analysts said.

China’s online population is now at 220 million, Beijing-based research firm BDA China said late last week, overtaking the United States as the world’s number one, highlighting the growth opportunities in the huge Asian market.

Fifty-five million of China’s Internet users shopped online last year for a total turnover of 59.4 billion yuan (8.25 billion dollars), according to the China Internet Research Centre in Beijing.

March 16, 2008 8:53 PM
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