Export slump sees vendors rushing online

Export slump sees vendors rushing online

 

Chinese clothing sellers turn to online retailing to try to tap domestic buyers as the Mainland’s e-Commerce industry expands. 

 

e-Commerce represented 4% of China’s retail sales last year but transaction value jumped 30% to RMB5.8 trillion, equivalent to 12.5% of gross domestic product.  An estimated 16% of the population shops online.

 

~SCMP, September 12, 2012~

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