Amazon first invested in Joyo.com in 2004, when it was generally considered to be China’s leading B2C provider. According to Analysys International, the Chinese website Dangdang.com appears to have grown faster than Joyo/Amazon in terms of registered users. Dangdong.com now has 18% share of the B2C market, whilst Joyo/Amazon has 12% and Cncard.com has just 6%.
Although these are the top three service providers, they control only 36% of the B2C market. The rest of the market is occupied by a huge number of small-scale B2C vendors, which look unlikely to benefit from foreign investment.
Foreign investors
Foreign internet retailers are eager to establish their operations in China. Websites such as Google, Yahoo, eBay and MySpace are all trying to break into the fast-growing China market. eBay acquired Chinese shopping site Eachnet in 2003 and Japan’s Rakuten has invested in Ctrip. However, local players like Baidu, NetEase, Alibaba and Alibaba’s Taobao auction site are still dominating their Western rivals.
This is encouraging for China, which may not want to rely too heavily on the US for e-commerce success. However, by remaining open to the US, and by the US remaining open to China, both countries look set to benefit. US companies will gain entry to China’s growing e-commerce market, whilst transferring new technology, operational expertise and business knowledge to China.
China can still do a lot on its own. Once it has rolled out its e-commerce development plan and improved its credit system and logistics, this should increase online trust. This, in turn, should successfully increase online spending.
It might be worth questioning how big a role the government can take in all this considering that the e-commerce market in China is dominated by private sector companies. However, the plan does highlight the government’s awareness of the huge potential of e-commerce and its determination to enhance, not block, its development.
SOURCE: INDUSTRY BRIEFING
5. How to build a transparent and equal environment for foreign investors?
6. Shanghai has successfully bid for World Expo. What is the benefit of this to the city and to china as a whole?
In my opinion, both Shanghai and China have a lot of benefits from the successful bid for world expo:
First, it can enhance the reputation. As a developing country, China needs this chance to open itself to all over the world. And shanghai, the rePsentative of boomtown, also lean on this opportunity to exPss itself.
Second, its success can attract more overseas capital for both china and shanghai. China is the biggest country which attracts FDI, and shanghai is the biggest city in china. Through the expo, they all can earn a lot.
Third, the success can make Chinese know more about world.
In the expo, many countries bring their splendid work to china, to shanghai, we Chinese can compare the difference among them, feel the exchange of culture, and make new friends.
In the eye of china, it successfully “market” shanghai to all over the world through expo, after that, there must be more and more opportunities in the future, then, the following cities maybe Beijing, Guangzhou, Shenzhen and so on. It is a real large chance for china.
In the eye of shanghai, it is the biggest city in china now, after this expo, it strengthen the position. It catches up with the developed cities, such as London, Tokyo, New York, Hong Kong and so on.
Every coin has its two sides, china and shanghai benefit a lot from the expo, the other countries also have useful things from the expo and china. The expo really promote the global communication, including economy, politics, culture, and of course, construction. Win-win situation is just we Chinese’s expectation, and we must and be able to achieve this goal, trust china!
9p-Y%Y(o0G7m)Vwww.hiall.com.cn7. The Expo 2015 is coming to Shanghai, what is the long term viability of the costly building and infrastructure at this venue?
The expo 2015 is coming to shanghai, after the Olympics 2008 in Beijing. We must make long plan to the allocation of buildings and infrastructure after the expo.
First, the plan should be based on sustaining development strategy. This is the guide line, and it is our working principle. That is, we must make the most use of constructions, and never allow any waste and abandon.
Second, before the expo, we should have a blue print for the expo constructions. Such as the construction materials, locations, coordination with the circumstances and so on.
1. In the aspect of materials, if we decide this construction would be a department after the expo, that is, it is for permanent goals, we chose the high quality and unchangeable materials. If not, we chose recycling materials, and then we can destroy it at the least cost.
2. In the aspect of locations, we must refer the local conditions. For example, if someplace needs hospital, the expo just has a plan to build one, we can build it there. Another, we can make decision by the density of people, if it is low density, we can build more than the high density places. Then, after the expo, we can change the buildings to apartments. It can attract people to habitant there, for lessening the high density Pssure.
3. The aspect of coordination, we must keep touch with the different department, such as transport, hospital, environment and so on, to have a whole plan, for the sake of shanghai, it maybe needs some department make concession in sometimes.
Third, we can use for reference to best practices in developed countries. They must be more professional and experienced, Such as the former expo, Olympics and so on.
In a word, it is wise to make the whole plan before construction. It is too late to consider the long term viability after the expo. And in the process of relocation, we must consider about a lot, such as environment, density, function and so on.
8. Can shanghai ever truly become a financial center rival to HK? If so, when and how?
Shanghai
Basic Information:
Area: 6,185 sq. km
Capital: Shanghai
Population: Approximately 16 Million
Language: Shanghainese, Mandarin local dialect. Outside large hotels, very little English is spoken.
Religion:
If one simply counts heads, Shanghai is the biggest city in the biggest country on Earth. If one simply scans statistics, this is China's capital of commerce, industry, and finance. But numbers don't tell the whole Shanghai story. Shanghai has a colonial past more intense than that of any other city in China, save Hong Kong, and this legacy gives it a dramatic character, visible in the very facades of its buildings. But the city is not only a museum of East meeting West on Chinese soil. Overnight Shanghai has become one of the world's great modern capitals, the one city that best shows what the whole nation is becoming at the dawn of the 21st century. The pulse of Shanghai is the pulse of Asia's future. Shanghai was not always much of a delight to tour, but it is now. During the 1990s, Shanghai was torn apart and rebuilt, headlining the economic boom that shook China to its foundations. One in five of the world's high-lift cranes was at work in the streets of Shanghai then, raising tower after glass-and-steel tower in the ruins. Shanghai resembled the largest construction site ever conceived, and it was not always a Ptty sight for tourists. But this first great phase of modern reconstruction has passed, and a new, more vital Shanghai has emerged. It is a city that a visitor can comfortably enjoy and explore for the first time since those romantic days of the 1930s, when old Shanghai was a notorious playground for foreign adventurers and a free-trade show for overseas taipans and exploiters. The landmarks of Shanghai's colonial period shine through for the first time since the communists came to power over 50 years ago and worked their own duller magic on the cityscape.
