Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China Now World's Largest Online Retail Market
Published on: 2014-03-11
Share to
User Rating: / 0
PoorBest 

altIn 2013, the total volume of China's e-commerce transaction has exceeded 10 trillion CNY, among which online retail accounting for 1.85 trillion CNY, said Zhang Peidong, deputy director of e-commerce division of the Ministry of Commerce on Sunday during an online interview. 
 
Zhang estimated that China has surpassed the United States to become world's largest online retail market. 
 
Rapid rise of e-commerce has created huge space for the development of express delivery enterprises, according to Liu Liangyi, deputy director of market supervision division under China's Post Bureau, who also took part in the online interview. 
 
Of the 1.85 trillion CNY, express delivery companies contributed about 1 trillion CNY and 60 percent of the 9.2 billion deliveries were from online shopping, Liu said.  
Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.