Thursday, June 27, 2013

China will be the world's biggest online market

Online China sales expected to exceed 420 billion U.S. dollars per year in 2020 and this makes the country into the retail market "online" world's largest, knot a study as quoted by AFP.

Global management consulting firm McKinsey & Co.. says online sales will reach 420-650 billion U.S. dollars due to the increasing use of internet encouragement in the world's most populous nation. Currently China's Internet users reached 500 million people.

"China is ready to market` biggest `e-tailing world," McKinsey said, adding that the country's online sales in 2020 will be equal to the combined U.S., Japan, Britain, Germany and France now.

China's strict monitoring internet content, censor content deemed obscene or sensitive, and introduce the so-called "Great Firewall" system of restrictions and prohibitions are "online".

But McKinsey said the government has so far allowed the Chinese e-commerce evolved without much intervention.

In 2011, China's online retail sales reached 120 billion U.S. dollars and rose to 190-210 billion U.S. dollars last year, according to the McKinsey report.

This figure puts the country has approached the United States in 2012 has been estimated that online retail sales reached at 220-230 billion dollars.

source : here

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Author: Sendi Karlita Location: Pangkalpinang, Bangka Belitung

Article China will be the world's biggest online market, Published by Sendi Karlita on the day Thursday, June 27, 2013. Hopefully this article can add your insights. Sendi Karlita a is a writer who wants to be successful in the virtual world. Try, and keep trying. May God give consent. regards


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