Online shopping on the rise in China

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Online shopping on the rise in China

Postby long_way » Wed Aug 18, 2010 3:02 pm

Online shopping on the rise in China

05:55 AM Aug 19, 2010

Internet sales in China, the world's biggest Web market, soared 60 per cent on-year in the first half, state media said. Transactions hit 2.25 trillion yuan ($449 billion) in the January-June period, the China Daily said, citing a report by the China e-Business Research Centre. That compares with 3.6 trillion yuan for all of last year. The data covers business-to-business, business-to-consumer and consumer-to-consumer transactions. E-commerce has been expanding in China as more firms set up online stores. AFP

Source: http://www.todayonline.com/Business/EDC ... e-in-China
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