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The paper looks at the history of the Internet in China and how the Internet has created new opportunities for Chinese businesses. The paper discusses the factors that are encouraging the online industry's growth and points out that, although the e-commerce and online business sector of the Chinese economy still remains modest by US standards, time is certainly on China's side.
From the Paper:"It is hard to believe, but the first "direct" internet connection in China did not emerge until May of 1994. That being said, the build-up to the break-through event was not a short one; rather, China had been working steadily towards a remote internet network for a number of years. For instance, in 1986 the China Academic Network system was launched by Beijing Institute of Computing Applications with the help of the Universitat Karlsruhe in Germany. One year later, the Institute of High Energy Physics established its first international remote connection and, that very same year, CANET established a link to the Universitat Karlsruhe via a 300-bps packet-switched data network; within a month a formal email was sent across the connection. Finally, as the 1990s dawned, a top-level domain was registered for China at the Defense Data Network-Network Information Center - otherwise known by the acronym, DDN-NIC."
Sample of Sources Used:
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- GXS Company. (2006, March 13). China Entercom and GXS Partner to Launch B2B e-Commerce Hub for China Automotive Industry. GXS: News & Events. Retrieved July 27, 2007 from <http://www.gxs.com/gxs/newsroom/pr/2006/03132006.htm>
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Cite this Research Paper:
China's E-Commerce (2008, June 25) Retrieved May 08, 2021, from https://www.academon.com/research-paper/china-e-commerce-104952/
"China's E-Commerce" 25 June 2008. Web. 08 May. 2021. <https://www.academon.com/research-paper/china-e-commerce-104952/>