Trade Resources Economy China's Online Retail Market Grows Fast

China's Online Retail Market Grows Fast

It's reported that China's online shopping market has grown rapidly in the recent years.

Chinese stores are extremely popular among online shoppers, who have come to a realization that Chinese clothes, shoes, electronics or gadgets may be of high quality and no worse than Western ones.

Online shopping is often the most efficient way for retailers to reach customers in 3rd and 4th-tier cities. Mobile shopping and social media are becoming increasingly prevelent in China.

40% consumers in Chinese consumers are buying via smartphones. 70% Chinese consumer utilize the social media platform to purchase. And it shows the highest rate across the region.

Chinese consumers aged 18-24 are set to plat an inportant role in the regional retail market in the near future.

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