November 12, 2007

Chinas Online Shopping May Be Booming In The Next Few Years

Data from China Internet Network Information Center (CNNIC) shows that till June 2004 Chinese online user has reached 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 limit China's e-business growth.

1. The low investment on the Internet infrastructure and related soft environment.

2. The shortage of online products

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Senior Journal - In one recent case highlighted in the testimony, the Commission targeted The Broadcast Team, a telemarketer that allegedly used voice broadcasting to make tens of millions of illegal automated telemarketing calls, often to numbers

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