Business in China

Paper Summary:

This paper introduces the reader to the market opportunities and barriers to entry of doing business in China. The writer provides advice on how to navigate through the complex process of starting an electronic commerce venture in China with an example of a company that has been successful in selling to both Chinese businesses and consumers - the very successful computer company Dell.

Contents:
Introduction
Market Opportunity
Government Regulations
Getting Started
Success Story
Conclusion

From the Paper:

"China's electronic commerce has grown rapidly in recent years with business volume reaching US $1.1 billion in 2000, including $50 million from Business-to- Consumer (B2C) transactions and $1.1 billion from Business-to-Business (B2B) transactions. The country's internet regulator, the Ministry of Information Industry, says that for 2002, electronic commerce will top US $1.2 billion. But the vast Chinese market for electronic commerce development is expected to be poised for significant growth and is forecasted to reach US $60 billion by 2004. By the end of 2001 there were 677 domestic B2C Web sites and 370 B2B Web sites."

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