Access Asia has published a new edition of its best selling E-commerce in China report.
This report now forms a directory of the leading domestic and foreign e-commerce operations in China.Compared to the US and Europe, E-commerce remains in an embryonic state in China.
There are now a growing number of E-commerce projects including the People’s Bank of China (PBoC) and its E-mall project, an on-line electronic retailing mall which has advanced security to protect consumer’s credit card numbers and uses a secure electronic transaction (SET) system.
The Chinese government has begun to see the value of E-commerce and has established several sites itself such as The Ministry of Foreign Trade and Economic Co-operation’s (MOFTEC) China products site at Chinamarket.com.
MOFTEC run’s China International Electronic Commerce Centre (CIECC).
CIECC was created in February 1996 to research, promote and operate China’s international e-commerce.