On 7 Jan, 2009, Ministry of Industry and Information Technology of PRC issued three 3G mobile telephone licenses.
China Mobile got a TD-SCDMA license; China Telecom got a CDMA2000 license while China Unicom got a WCDMA license.
It is estimated that that over $40 billion will be invested in 3G market of China.
WCDMA and CDMA are popular standards in the world while TD-SCDMA is China’s own special standard.
China Mobile, the operator of TD-SCDMA in China, faces opportunities and challenges.
China Unicom, China’s second largest mobile service provider, got the most popular 3G standard, but it is hard to say if it will keep up with China Mobile.
China Telecom, which bought China Unicom’s CDMA network, is the largest fixed-line telephone company in the world, has little experience in mobile communications services.
Trading Markets reports that in 2008, the total amount of China’s E-commerce transactions exceeded RMB3 trillion, increasing more than 40% year-on-year. In the third quarter of last year, buyers on the Alibaba’s global platform increased 1.2 million, equaling the whole quantity for the previous year.
Nie Linghai, deputy director of the information technology department in Ministry of Commerce, said, ‘The financial crisis provided a rare development opportunity for China’s E-commerce industry.’
English People’s Daily Online said relevant statistics show that in the financial crisis, the proportion of non E-commerce enterprises that got into trouble reached 84.2%, while the ratio of E-commerce enterprises bogged down was only 16.8%; nearly 5 times difference between the two.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved