Without question, the world is a big place. However, with the constant development of information technology, the world seems to get smaller all the time.
One example is the work of China Expert Technology Inc. (OTC BB:CXTI.OB), a company that builds network infrastructure and provides e-government services for community and municipal governments in China and Hong Kong.
Analysts predict that China’s e-government systems market will reach $6.6 billion this year.
Recently, China Expert was awarded contracts worth $52.2 million to build e-government infrastructure for three cities in Fujian province: Jinjiang, Nanan and Dehua, with the final project to be completed by 2006. In fact, China Expert is the only company that has been awarded such exclusive contracts in China.
These contracts allow the company to create unified e-platforms for each of the three cities.
There are some important implications in the creation of these e-government platforms. First, they enable the government to reduce red tape and become more efficient. Currently, most of the government business in China is done face-to-face or via written communication. This makes...