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 Language Tips > Business news
Updated: 2005-04-19 10:44
 
E-commerce to grow at over 50% yearly
“最近幾年,我國(guó)電子商務(wù)發(fā)展迅猛,平均年增長(zhǎng)率為40%。雖然面臨諸多熱點(diǎn)問(wèn)題,但預(yù)測(cè),2005年電子商務(wù)仍將以超過(guò)50%的速度向前發(fā)展。”在4月18日結(jié)束的“第八屆中國(guó)國(guó)際電子商務(wù)大會(huì)”上,中國(guó)電子商務(wù)協(xié)會(huì)理事長(zhǎng)宋玲向與會(huì)者滿懷信心地說(shuō)。  

E-commerce to grow at over 50% yearly

 

China's e-commerce, in a crucial stage of development, is to grow at over 50 percent every year, said Song Ling, chairman of China Electronic Commerce Association.

"E-commerce has become an important part of people's life and also a strong driver of China's market economy," said Song at the eighth China International E-commerce Conference held in Beijing Sunday.

In recent years, e-commerce has been expanding fast with annual sales rising at 40 percent on average. According to Song, Beijing's transaction volume of e-commerce reached 66.6 billion yuan (US$8.02 billion) last year, Shanghai over 70 billion yuan, and South China's Guangzhou 23 billion yuan.

Rural areas have started over 2,000 websites for e-commerce. E-commerce lowered the transaction cost in traditional industries and improved service management in sectors of finance, telecom and logistics , Song said.

She estimated that, this year, the development of e-commerce would focus on the construction of a credit record system, electronic payments, modern logistics and human resources.

The environment for e-commerce in China is improving gradually. On April 1, China's first "electronic signature act" started to take effect, which is considered the milestone of China's e-commerce development.

The eighth China International E-commerce Conference was launched by China Electronic Commerce Association and organized by Xinhuanet.com.

(Xinhua)

 

Vocabulary:
 

transaction: the act of dealing within or between groups (as carrying on commercial activities)(交易)

logistics : (物流)

 

 
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