Cyber Beijing Commerce http://www.beijing.com.cn Cyber Beijing Commerce has been instrumental in the growth and development of e-commerce in China. Its establishment has boosted the rapid development of electronic commerce, including B to C, B to B, and value chain management of enterprises, in Beijing and China. Cyber Beijing Commerce is comprised of three divisions: 1) Virtual Electronic Merchant, 2) Virtual Electronic Mall, and 3) Virtual Electronic Commerce City. The Virtual Electronic Commerce City serves as the virtual space or Web site for the operation of e-commerce for various firms and enterprises. The Virtual Electronic Mall is equivalent to a virtual "electronics street"; a virtual business and trade space with more comprehensive functions, resources and facilities. During the course of Cyber Beijing Commerce's development, seven problems hindering China's e-commerce development have been overcome including problems in the confirmation system, payment mode, secure collocation, logistics distribution, legal environment, Internet network and infrastructure. These complications have now been systematically solved. The company has succeeded in expanding its e-commerce business into the world market by providing solutions for online payment and value chain management of enterprises. Cyber Beijing Commerce has also been influential in elevating the security level of e-commerce. The American magazine Marketer said, "The development mode of China's e-commerce differs considerately from that of USA and Europe, so it deserves our attention." The establishment of Cyber Beijing Commerce has reflected an innovative development mode in China's e-commerce industry.