China’s online retail sales exceeds 800 billion yuan ($ 130 billion)in 2011

[kewell333]

Edited and translated by Ma Xi, People's Daily Online

China's online retail sales volume reached 226.5 billion yuan in the fourth quarter of 2011, according to the Fourth Quarter Online Retail Market Survey released by the EnfoDesk. The total online retail trade volume amounted to 806 billion yuan in 2011, a year-on-year growth of 55 percent.

The retail market maintained a steady growth in 2011. The rapid development of Business to Customer (B2C) mode made great contribution to the online retail market. In 2011, B2C increased 5 percent from the previous year to account for 30 percent of the total volume of online retail sales.

The increasing speed of B2C was obviously higher than that of the Consumer to Consumer (C2C) mode.

http://english.people.com.cn/90778/7734487.html

 

[Fanling Monk]

If China has a better delivery infrastructures the number should be much higher. But anyway this definitely a growth field. The future of shopping.

 

[fly2012]

So China is equivalent to EU but is still behind US.

By the end of 2011:

US: $202 billion
China: $130 billion
EU: $129.6 billion

 

[scholseys]

china air mail is such a pain...takes forever to ship to canada.

 

[Luftwaffe]

china air mail is such a pain...takes forever to ship to canada.

Yep ordered couple of Xbox Slim hard drives took forever and received it 5 days before my flight to Pakistan.

 

[Holmes]

no wonder, lots of Chinese spam bots

 

[Aramsogo]

no wonder, lots of Chinese spam bots

Don't be butthurt by real Chinese 2011 internet numbers.

Why not go mentally masturbate to fantasy Indian 2016 internet numbers??

http://www.defence.pk/forums/world-...et-economy-reach-rs-10-8-trillion-2016-a.html