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RAPAPORT... Kingold Jewelry Inc. began to sell its 24-karat gold products online today through China Construction Bank's (CCB) Internet shopping portal, http://mall.ccb.com. CCB's website is linked to a number of manufacturers, wholesalers and retailers and is targeting both the business-to-business (B2B) and business-to-consumer (B2C) marketplaces.
Zhihong Jia, the chairman of Kingold Jewelry, said, "We continue to seek new sales channels. Our recent gold leasing arrangements have provided our company with the capacity to service a broader customer base. CCB's online portal is an important move for Kingold's development as it provides the company with access to a wide array of B2B and B2C customers and accelerates our ability to seize fast growing ecommerce market opportunities in China."
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