CHINA RETAIL IT MARKET MAY EXCEED USD1BN BY 2011
AsiaInfo Services, October, 2007
AsiaInfo Services 10-30-2007 China Retail IT Market May Exceed USD1bn by 2011 BEIJING, Oct 30, 2007 (SinoCast via COMTEX) -- China's retail IT market stood at CNY 4.42 billion, or USD 552 million, in 2006, according to the latest statistics released by market research firm IDC. The figure is expected to hit CNY 8.25 billion, or USD 1.029 billion, by 2011, with a compound growth of 13.3% per year.
IDC said in a statement that Chinese retail IT solutions providers, who try their utmost to well satisfy the needs of local clients by launching high-quality and low-priced products, have established a strong foothold in the domestic retail IT market. The country's retail IT solutions enjoyed healthy competition in 2006, said IDC, citing the top ten Chinese solution...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
