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China's E-business Sector Still Immature: Survey
China's growing e-business is still immature, according to the latest survey conducted by the Ministry of Information and Industry and the Lantian Market Research Company.
The survey, based on more than 30,000 samples from 31 provinces across China, shows that the scale of e-commerce in China still lags far behind developed countries, with its on-line trade-off volume accounting for less than 0.02 percent of the total social retail volume, 70 times lower than that in the United States.
According to the survey, only 40 percent of the respondents said they were "satisfied" with China's e-business service, while the average ratio in the world is 90 percent.
Also as much as 80 percent of those surveyed are not confident about the security of on-line businesses, the survey says.
However, great development potential has also appeared in China 's e-commerce market, according to the survey, adding that over 90 percent of the respondents are willing to try on-line trading in the near future.
At present the major commodities traded through Internet in China are books, disks and computer software and hardware. According to the survey, other such commodities and services like telecommunication products, domestic appliances, on-line education and tickets services are also booming very fast in China.
Official figures indicate that currently China has a total of over 10 million Internet users and 1,100 e-business websites on various consumption products.
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