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China's online shopping maybe booming in the next few years

expert says the turnover will reach 28 billion Yuan

         

redstorm

3:10 am on Nov 26, 2004 (gmt 0)

10+ Year Member



Data from CNNIC shows that till June 2004 Chinese online user is about 87 million, of which, 7.3% has experience of online shopping. CNNIC also expects that the percentage will reach 58% in the next 2005 year.
Two factors may influence China e-business growth. 1. The low investment on the Internet infrastructure and related soft environment. 2.The shortage of online products.

moltar

3:22 am on Nov 26, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



That's about $3,383,072,554 USD - pretty impressive!