|
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) | 
Updated: 2005-04-19 10:44
