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More and more Chinese are making a living online
www.chinanews.cn 2005-01-18 17:13:40
Chinanews, Beijing, Jan. 17 (By Jia Quanxin) - Information technology
started late in China, but it has seen remarkable growth. IT has greatly
widened people's sight on the world and added colorful virtual space to
their daily lives. There is also a trend of this technology transforming
from the virtual world into something real, something people can make a
living off.
As a user of eBay, the largest domestic individual electronic commerce
(ecommerce) website, Xu Xiao started trading online five years ago. Now
she has become the largest diamond vender on eBay. Looking back at the
five years of running her business online, she reflected: "Ecommerce
changed my life. It changed me from an employee to an entrepreneur. There
are thousands of people like me on eBay. This platform has provided an
opportunity for us to realize our dreams."
Indeed, as a market with the most potential, China's ecommerce has been
growing rather rapidly, and it is becoming a part of life for many
Chinese. Relevant statistics indicate that, in 2002, the market size of
online trading in China was just 940 million RMB. It has since increased
to 1.92 billion yuan in 2003 and over 3.3 billion yuan in 2004.
Recently, eBay announced that its registered users had broken the 10
million mark. Ebay is still the dominant player on the domestic online
trading market.
It is reported that among eBay's nearly ten thousand online shops, 40%
are "private shops" opened by on-campus college students. Some graduating
college students even declared online business amongst their new career
choices. Statistics show thousands of college students from 33 Chinese
cities declaring themselves very interested in online entrepreneurship.
Online distribution requires only a small amount of initial capital. The
cost of startup is low and transactions are fast. Such advantages have
made it a new venue for the government to expand employment opportunities
for laid-off workers. Recently, the Shanghai government and eBay jointly
launched China's first ecommerce pioneer park, lowering eligibility
threshold for laid-off workers. The ecommerce park has become a career
paradise for online vendors.
Experts estimate that 70% of China's 15,000 large and medium enterprises
and 10 million small enterprises will be able to conduct business online
this year. With thousands of college students participating and more
laid-off workers striving to make a living online, the Chinese ecommerce
market will be develop and improve.
E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649
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