E-commerce has changed the way Chinese consumers live and its influence keeps growing. China has become the largest online retail market; 1.3 yuan out of 10 yuan was spent online by Chinese consumers in 2015.
Archives for May 2016
China online holiday market to exceed $100 bn in 2017
Online holiday booking was a 432.63 billion yuan (US$66.67 billion) market in 2015, with an increase of 39.9% according to iResearch. It’s expected to exceed US$100 billion in 2017.