China Becomes World Biggest Online Retailing Market
(Sinocast Internet, Media & Online Services Beat (China) Via Acquire Media NewsEdge) BEIJING, March 10, SinoCast -- An official from the Ministry of Commerce told reporters that e-commerce trading value surpassed CNY 10 trillion in 2013, including CNY 1.58 trillion for online retailing. Optimistically estimating, the figure has outpaced US, making China biggest online retailing market.
Nearly CNY 1 trillion online shopping values came from express delivery service in 2013. More than 60% of the service volume for express delivery is for online shopping.
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