"China Car Network" to Set up E-commerce Service System

"China Car Network", the largest professional website on cars established in China, is reported to be seeking strategic investment partners in an effort to build up a powerful system providing comprehensive e-commerce service on the Chinese land.

Approved in November 1997, "China Car Network" has provided millions of users with professional services in past three years and there are as many as hundreds of car enterprises that have registered with this website.

"China Car Network" has established mirror websites in Beijing and Tianjin and has been singled out as the only car website that can enter the broadband multimedia net by the government.

In face of challenges arising from China's entry into WTO, "China Car Network" has made an active to seek for new strategic cooperative partners and a minimum volume of 70-100 million yuan of investment to be poured into building a comprehensive e-commerce service system in China.

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