Beijing's New E-commerce Regulations

Baker & McKenzie   

The results of a recent China Internet Network Information Centre (CNNIC) report suggest a rapidly growing internet user base in the PRC.  According to the report, there are now 45.8 million internet users in the PRC, compared with 26.5 million recorded in July 2001.  The growth theory is supported by PRC industry data, which reveals that PC sales and internet subscriptions for the first half of 2002 generally outperformed industry expectations.  However, the CNNIC results are disappointing on e-commerce - CNNIC suggest that only 0.3% of all internet activity in the PRC is focused on e-commerce.