E-Commerce in China: Problems and Potential

John Wong and Wong Chee Kong

Chapter 8 in The Economics of E-Commerce and Networking Decisions, 2003, pp 151-167 from Palgrave Macmillan

Abstract: Abstract China has experienced spectacular growth in the information technology (IT) sector in recent years. Its IT sector is poised to overtake Australia to become the largest in the Asia-Pacific region, excluding Japan.2 It has even become the world’s largest mobile phone market, having 207 million subscribers in 2002, compared to the United States’ 123 million.3 Internet usage has also increased rapidly, from 8.9 million users in 1999 to almost 60 million in 2002, and with an estimated 200 million users by 2005 (see Figure 8.1).4 Such development of the IT industry has set the background for the rapid growth of e-commerce in China. With entry into the World Trade Organization (WTO) on 10 November 2001, e-commerce will play a significant role in building up its new economy.

Keywords: World Trade Organization; Credit Card; Electronic Data Interchange; Online Banking; Economist Intelligence Unit (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3837-4_8

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DOI: 10.1057/9781403938374_8

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