Top 10 provinces with the highest average online shopping spends on Taobao are Shanghai, Zhejiang, Jiangsu, Fujian, Guangdong, Xinjiang, Sichuan, Tianjin, Beijing and Liaoning according to Taobao based on data from October 2014 to September 2015. Provinces with the lowest average spends are Gansu, Qinghai and Tibet.
Under the great efforts of the government, China’s cross-border consumption would enter a period of rapid development. The cross-border e-commerce would double the growth targets in the next three years, according to the annual cross-border consumption index report released by Xinhua News Agency and Visa.
In H1 2015, the total number of outbound and inbound tourists in China reached 127 million, with an increase of 9.8% year over year according to China Tourism Academy. The number of inbound tourists reached 65.1 million, with a YoY increase of 4.5%, which exceeded outbound tourism (61.9 million visitors) by 3.2 million. After several years […]
China Briefing shared a stunning map of Chinese GDP break down by provinces, based on China’s 2011 yearly economic reports of local governments. An impressive 22 provinces reported GDP figures in excess of 1 trillion yuan (US$158 billion).