Electronic Commerce is defined as various commercial activities within certain standard between buyers and sellers who have complete transactions by computer through network.
Buyers may have purchased products and services on the online market as well as buying some labor force, capital, raw materials etc. The business is conducted on some websites thanks to the internet technology.
Nowadays more and more e-business websites have emerged in China, buyers and sellers could input their information in the system which is offered by the e-business operator. The registered members on the websites are allowed to post purchase and demand information, which can be read by potential buyers or sellers.
E-business websites have become more and more powerful, since all the procedures can be done on the website, including communicating with each other, signing orders, reaching agreement, categorizing, making payment, settling disputes.
In this way, the cost can be cut down greatly for both buyers and sellers. Both parties could compare product price on the websites directly, as well as quality and other parameters.
Now there are more and more certificates can be used on the internet for e-business, including SSL, SET standards, as well as enterprises credit certificate, product certificate, standard e-contract, which was used in China.
IBUonline is an innovative B2B portal, which has a good system to support foreign trade for overseas buyers and domestic suppliers.
EC is short for Electronic Commerce referring two aspects, one is electronic mode, and the other is commerce. Both sides of buyers and sellers could reach agreement and complete the transaction. E-business can be supported by many electronic communication tools, mainly on EDI and Internet. E-business is booming thanks to the advanced internet technology development.
We can see low level e-business only involves e-business information, e-contracts etc. High level e-business and the complete e-business means all the procedures in the e-business can be processed on the website, including posting information, communication, logistics, capital flow and payment settlement etc.
Thereafter the buyers and sellers could finish the trade on the e-business portal, from seeking orders, negotiating, placing orders, implementing orders, settling payment online, issuing e-invoice, as well as e-customs clearance, e-tax payment etc.
Many organizations may have involved in the e-business transaction, including banks, financial institutions, government organizations, certificate organizations, distribution centers etc. All the services can be found on the websites and the buyers or the sellers could finish just clicking the buttons on the website.
In China, many enterprises management level lagged behind and the operation mode was outdated. Chinese online market was not mature and financial service quality can be guaranteed for online business. Internet environment was not mature or secure. Chinese regional problems may block e-business development although the online market is integrated as a whole.
IBUonline is an innovative B2b portal.
IBUonline has recruited many members since the platform was opened one year ago.
Buyers may have purchased products and services on the online market as well as buying some labor force, capital, raw materials etc. The business is conducted on some websites thanks to the internet technology.
Nowadays more and more e-business websites have emerged in China, buyers and sellers could input their information in the system which is offered by the e-business operator. The registered members on the websites are allowed to post purchase and demand information, which can be read by potential buyers or sellers.
E-business websites have become more and more powerful, since all the procedures can be done on the website, including communicating with each other, signing orders, reaching agreement, categorizing, making payment, settling disputes.
In this way, the cost can be cut down greatly for both buyers and sellers. Both parties could compare product price on the websites directly, as well as quality and other parameters.
Now there are more and more certificates can be used on the internet for e-business, including SSL, SET standards, as well as enterprises credit certificate, product certificate, standard e-contract, which was used in China.
IBUonline is an innovative B2B portal, which has a good system to support foreign trade for overseas buyers and domestic suppliers.
EC is short for Electronic Commerce referring two aspects, one is electronic mode, and the other is commerce. Both sides of buyers and sellers could reach agreement and complete the transaction. E-business can be supported by many electronic communication tools, mainly on EDI and Internet. E-business is booming thanks to the advanced internet technology development.
We can see low level e-business only involves e-business information, e-contracts etc. High level e-business and the complete e-business means all the procedures in the e-business can be processed on the website, including posting information, communication, logistics, capital flow and payment settlement etc.
Thereafter the buyers and sellers could finish the trade on the e-business portal, from seeking orders, negotiating, placing orders, implementing orders, settling payment online, issuing e-invoice, as well as e-customs clearance, e-tax payment etc.
Many organizations may have involved in the e-business transaction, including banks, financial institutions, government organizations, certificate organizations, distribution centers etc. All the services can be found on the websites and the buyers or the sellers could finish just clicking the buttons on the website.
In China, many enterprises management level lagged behind and the operation mode was outdated. Chinese online market was not mature and financial service quality can be guaranteed for online business. Internet environment was not mature or secure. Chinese regional problems may block e-business development although the online market is integrated as a whole.
IBUonline is an innovative B2b portal.
IBUonline has recruited many members since the platform was opened one year ago.
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