E-commerce websites set to boom in China
( 2003-10-17 15:06) (Xinhua)
Experts predicted great
potential for the development of China's electronic commerce (e-commerce)
websites at the 2003 general assembly of the China ElectronicCommerce
Dai Haiping, secretary general of CECA's tax branch, said it was easy for
e-commerce websites targeting particular audiences to develop their own groups
of loyal buyers as long as their services were properly oriented.
Dai said this had been proved by the success of some e-commerce websites like
on-line bookstore dangdang.com and Chinese domainname service provider 3721.
Websites for the trading of antiques, jade and stamps had their own groups of
customers, which were stable and growing. The operation mode of these websites
was worth studying, Daisaid.
China's e-commerce had entered a development stage which would see a boom of
e-commerce websites. Before 2001, e-commerce websites were mainly those
established by IT businesses and e-commerce service providers.