China B2B Total Revenue Up 11.3% in Q2 2012

According to the quarterly market monitor report for Q2 2012 by Enfodesk, China B2B operation revenue was 3.39 billion (USD 536 million). The quarter on quarter growth was 11.3% and the year-on-year growth was 13%.

Chinese macro-economy had nice growth in Q2 and the import and export trade brought great chances to B2B e-commerce. Based on the data by General Administration of Customs, the total transaction reached 98.06 billion yuan (USD 15.49 billion).

The business model of Chinese B2B industry has remained the same for a long time, which need innovation if expecting long-run development.