Trading volume of China e-commerce in 2009 reached RMB3.8t
Chinese vice commerce minister Jiang Yaoping stated on August 30 that in 2009, the trading volume of e-commerce of China amounted to RMB3.8t and that of online shopping RMB258.6b, up 21.7% and 105.8% year-on-year respectively.
Jiang revealed the above-mentioned information at the press conference on the Report of E-commerce of China (2008-2009) held during this time, which indicated that in 2009, the trading volume of e-commerce of large and medium-sized industrial enterprises stood at RMB1.5666t and that of e-commerce of small and medium-sized enterprises RMB1.99t.