Home / Business / Technology & Telecom Tools: Save | Print | E-mail | Most Read | Comment
China's Silicon Valley faces tough time in financial crisis
Adjust font size:

Shop owners have also found ways to cope with financial challenges. Wu's company began to cut all unnecessary costs. He had to cut the spending on comfort in office, corporate image building and advertisement. In the meantime, Wu's employees have had to work overtime without premium pay, another form of salary cut. But there were little complaints. Instead, his 200-plus employees felt lucky as their boss promised not to cut staff.

Various sales channels have been employed. Wu found he couldn't just wait for customers to visit his storefronts. He began to visit his regular corporate customers in an effort to find new orders.

E-commerce is another way dealers have been coping. Thanks to e-commerce, Huang Ping's shop was not as deeply affected by the crisis as other shops with same size. Huang's team built an online forum about the basic tips of choosing and utilizing computers, and answered visitors' various questions. In time, visitors began to trust the company and choose her as their supplier of IT products.

Huang estimated that about 80 percent of her sales volume came via Internet. While many dealers face a lack of customers, Huang's e-commerce tactics have brought customers nationwide.

Han Wei, media and public manager of the Hong Kong-listed Alibaba, the leading e-commerce company in China, said more enterprises turned to e-commerce to cut costs and expand their ever-shrinking customer base Alibaba is now taking this advantage to expand its reach.

Wu, who continues to maintain traditional storefronts, began e-commerce two months ago, just after the crisis broke out. Online sales now account for 10 percent of Wu's total sales volume.

"It does help me," said Wu referring to his cost-cutting measures and foray into e-commerce, "I hope the loss can be limited to 15 to 20 percent of the total assets."

Xia said dealers in his plaza showed great interest in online business. With their support, Hilon is now building a business-to-customer trade platform with Zhongsou, a Chinese-language online search engine.

"Under the present situation, e-commerce is a way to expand sales and survive the economic winter," said Xia.

(Xinhua News Agency January 6, 2009)

     1   2   3  


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Board member takes reins of Zhongguancun
- Zhongguancun Mall
- Zhongguancun Zone

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 日韩av片无码一区二区不卡电影| 特级毛片全部免费播放a一级 | 亚洲午夜小视频| 疯狂奶水freeseⅹ| 另类国产ts人妖系列| 久久国产精久久精产国| 欧美地区一二三区| 亚洲欧美精品伊人久久| 韩国理论福利片午夜| 国产精品久久久久一区二区三区 | 99久久人妻精品免费一区| 婷婷开心中文字幕| 中文字幕三级在线不卡| 日本工口里番h彩色无遮挡全彩 | 晚上看b站直播软件| 亚洲午夜久久久影院| 欧美最猛黑人xxxx黑人猛交98| 人妻少妇精品久久| 豪妇荡乳1一5白玉兰免费下载| 国产男女猛烈无遮挡免费视频| 2021最新热播欧美极品| 国内精品视频一区二区三区八戒| 久久只有这才是精品99| 最近中文字幕高清中文字幕无| 亚洲人成电影在线观看青青| 欧美性大战久久久久久久蜜桃| 亚洲欧美日韩高清一区二区三区 | 国产精品9999久久久久| 色播在线永久免费视频网站| 国产精品美女视视频专区| 97国产精品视频观看一| 在线天堂中文官网| 中文字幕久精品免费视频| 日日夜夜操天天干| 久久不射电影院| 无码吃奶揉捏奶头高潮视频| 亚洲乱码无码永久不卡在线| 欧美性猛交xxxxx按摩国内| 亚洲日韩欧美国产高清αv| 欧美综合自拍亚洲综合图片区| 四虎影视永久地址www成人|