Article: ONLINE AUCTION IS STILL HOT IN CHINA

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Online Auction is Still Hot in China

CHINA, Oct 25, 2002 (SinoCast via COMTEX) -- The online auction as an active branch of Internet industry tends to be prosperous, which reflects not only by the steady growth of online auction users and online auction transaction volume, but also by the entry of foreign auction websites such as eBay.

Lately, Beijing Huicong International Information Co., Ltd. (Huicong), delivered a survey on online action market in Beijing,Shanghai, Guangzhou and Chengdu. Huicong aimed at different kindsof users with an age between 20 and 45.

The survey shows that 25.1 of the interviewees strongly believe that the online auction will become an ...

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