Make money in china

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With the rapid growth of Internet use and penetration in China, particularly in major urban centres, e-commerce is seen to offer considerable potential in China. E-commerce turnover in mainland China increased by 400 per cent in 2000, from about US$8 million to more than US$40 million. Numerous government organisations and companies in China have established their own websites. There are also a number of B2B sites set up by industry associations and professional dot.com companies for electronic business. The majority of these sites are only in Chinese language. While these sites provide a platform for business information exchange, physical transactions are primarily undertaken offline due to China's undeveloped online payment system, and difficulties establishing the business credentials of some companies in China.

A number of cultural and technical constraints in China have led to the development of innovative solutions to further develop online business in China. One example is the major Chinese computer manufacturer, Legend Computers, which plans to produce modified TV sets and use satellites as Internet access devices.


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