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Old 06-03-2007, 12:03 PM
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Default E-commerce taking off in China

BEIJING -- Pan Ning is 25 and spends a lot of time at home on his computer, but his mother couldn't be happier. After all, Pan attends to a thriving business.

Like hundreds of thousands of Chinese, Pan has become an online vendor.

In many countries, entrepreneurs like Pan would open real stores. But rents in China's big cities are soaring, and the retail scene is scattered and often chaotic. Many vendors have set up virtual shops.

Electronic commerce is still in its infancy among China's 144 million Internet users, but it's beginning to take off. Registered online shoppers now number 43 million, and their purchases may hit $6.4 billion in 2007, a leap of more than 60 percent......

http://www.centredaily.com/news/nati...ry/114338.html
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