Shanghai Boosts E-Commerce Development

According to news from the ongoing "Shanghai Science and Technology Forum 2000", Shanghai will offer, for enterprises of its own and of the whole country, an environment in the near future for the development of e-commerce at a low cost yet of high efficiency.

So far, the framework of e-commerce in Shanghai has by and large come into being and entered into the stage for operation. The establishment of Shanghai CA center, the first one in China, has offered us guarantee for the safety operation of e-business and other business operations on the net. With the gold-card project and online payment system being improved day by day and all financial institutions in Shanghai realized mutual linkage and interflow through bank card network service center, it has laid a very sound foundation for a collective development of online payment of e-commerce in the city.

Online shopping is the basis of e-commerce. Huaihai road and Nanjing road, the famous commercial streets in Shanghai, have got their products online for sale. One will find over one thousand commodities displayed on the website of Yixiang Department Store with more than 180,000 net-surfers clicking the website within one month and moreover, nearly 400 of them have become its members. This is a very important step for the application of e-commerce.

The launching of Shanghai information harbor and putting into operation of information exchange network have provided a good network platform for the development of e-commerce. Many transaction platforms have also cropped up, thus providing enterprises with an applicable and ever convenient infrastructure for business transactions by way of e-commerce. The development of information industry and popular use of computers in Shanghai have offered e-commerce a technical support and a support from the public as well.

E-commerce, as a new business mode in the Internet age, needs not only support from the traditional business system, but also the support and guarantee of an advanced information technology, management method and system of regulations. In the coming three to five years, great efforts will be made in Shanghai for improving the performance and functioning in its e-commerce, and bring about a further change in the consumption concept of the people



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