Chinanews, Shanghai, Apr. 4 – According to Jiefang Daily, E-commerce market in China has developed well in recent years. In 2007, the market will create 1.7 trillion yuan, including 1.6 trillion yuan from the B2B market.

 

According to statistics made by CCIDC Consulting Inc., the total trade volume of E-business in 2006 reached 1 trillion yuan, which was 3.6 times higher than 2003, and experts estimate the volume will increase by 50%-60% in the next two years.

 

Statistics also find that most medium and small private enterprises have not developed E-business, and only 3% of Chinese enterprises have achieved that.