China'S Dominance In Online Shopping Market?
The report released by Credit Suisse predicts that the fastest growing industry in the future is likely to be e-commerce, and it is estimated that China will surpass the United States to become the world's largest e-commerce market in five years.
The data show that e-commerce and the online payment market will enter a stage of rapid growth, in 2010 China.
Electronic Commerce
The market share is about 480 billion yuan, and will grow at 40% in three years.
The judgement is based on the fact that China's Internet users show a sustained growth. At present, the proportion of Internet users using e-commerce is only about 18%, and there is still much room for development. On the other hand, there are many potential new products being developed.
Internet sales
Channels, such as cars, medicines and so on.
In China, Internet applications are growing rapidly and changing.
Chinese consumers use the Internet to understand the products they intend to buy and seek more discounts.
Clothing is the most popular online shopping category, accounting for 36% of China's online shopping expenditure; personal digital products rank next, accounting for 29%.
As the largest retailing category of food and beverage industry, e-commerce is still in its infancy, accounting for only online.
Shopping
2% of sales.
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