--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
The Chinese government now actively promotes the internet, and e-commerce in particular, say Yongfu Li and Aili Zhao of Cameron McKenna. It recognises the technology as a way of improving efficiency and sharpening the competitive edge of companies, particularly state-owned enterprises. In addition to government encouragement, investors can expect rapid expansion in the sector, with turnover increasing from $94.6m to $1.2bn over the coming year.
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