40.5% of Chinese E-business Owners are Women

June 1, 2012
Editor: Zhao Liangfeng

Studies show that women account for 40.5 percent of China's e-business sector. [nipic.com]

Studies show that women account for 40.5 percent of China's e-business sector. [nipic.com]

Among Chinese e-business owners, 40.5 percent are women, according to a survey conducted in mainland China and released at the China Beijing International Fair for Trade in Services (CIFTIS) on May 30, 2012.

The Survey for the Needs of Young Business Owners in E-business reveals this surprising statistic which is in contrast with male-dominated traditional businesses.

The survey also shows that the sector has become one of the most popular for young people looking to start their own businesses, with more than 30 percent of them under the age of 30.

Statistics also reveal that 46.8 percent of e-business owners are university graduates, and that 34.7 percent hold junior college diplomas, demonstrating that the sector has been increasingly accepted by those with higher academic degrees.

In addition, 49.5 percent of e-business owners started off with an initial capital of less than 50,000 yuan (US$ 7,936).

According to a report by China E-Business Research Center this May, the revenue of China's online retail sector hit a record of 800 billion yuan (US$ 126 billion) in 2011, which is believed to have set the stage for young people to start their own businesses.

The survey is the first of its kind to focus on the needs of young business owners in mainland China's e-business sector. It was jointly released by the Beijing Youth Daily and Data100.com.cn and includes responses from 4,800 survey respondents in China.

(Source: xinmin.cn/Translated and edited by womenofchina.cn)

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