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Monday, January 24, 2000, updated at 17:44(GMT+8)
Sci-Tech
Number of e-Commerce Sites in China Hits 600
There are currently more than 600 online stores in China and they're growing at the rate of two new online stores a day, according to the Development Research Center of the State Council (DRC).
There were only 100 online stores in China at the beginning of 1999. But new e-commerce sites such as e-commerce consulting, online stores, or online auction site, proliferated especially in the latter half of last year.
Industry experts predict that there will be a one-time surge in online sales during the Spring Festival but China's e-commerce is still in its infancy and many conditions still are not mature.
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