The Future Prospect of the E-Commerce

Just take a few minutes to think about how you bought your skirt or how you paid your gas bill. You went to the bank or you just did it through the online bank. If you really give this some serious thought, you can find that our life is closely related to a newly-emerged transaction method. That is what we call “E-Commerce” or “EC”.

The E-Commerce is a modern way to do transaction through network. Compared to the traditional transaction way, e-commerce doesn’t have the limitations of time or space. It is a convenient, fast and dependable way to do modern business activities. So many traditional companies have started to put their products online and take advantage of this tendency.

Let’s just take MH Industry Co., Ltd for example. This company is one of the largest companies in China selling garment accessories. It has also participated in the Canton Fair for 18 times. Founded in 1999, MH Industry Co., Ltd is developing very well. Yet his ambition doesn’t stop here. MH wants to sell its products through the Internet. Thus he built the mh-chine.com in which you can find the categories, the new products and the company’s information, etc. From this case, we can see that many traditional companies are finding their ways out in the trend of e-commerce. Indeed, if they can’t keep up with the time, they will be left behind. E-commerce is definitely the future pattern for business activities so they are sure to take advantage of it if they want to have a second leap in their cause. But how?

Actually it is not hard for an individual company to embark on that. What we need to promote is the general environment of a country. The e-commerce situation in China is not fully developed. Firstly, they need to establish and ameliorate the e-commerce laws. Their government should engage in the making of the laws and regulations. If they can not make laws suitable to our own conditions, then the national industries. Secondly, the government should play the leading role in pushing this career forward. Only in this way can they promote our competitiveness. Thirdly, they need to establish a certificate authority. In order to establish a fully-functional online bank, establishing the certificate authority is the key part. Only in this way can they develop the online bank well. They can also fully realize the dream of online payment and electronic purchasing. As for the individual companies, they can search for much information and follow the instructions.