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China's Online Shopping Market Hits 76 Bln USD

China's Online Shopping Market Hits 76 Bln USD

Write: Olien [2011-05-20]

Chinese consumers spent 500 billion yuan (76.2 billion U.S. dollars) via online shopping in 2010, according to an online market research company.

The figure represented an increase of nearly 90 percent from a year earlier and accounted for 3.2 percent of total consumer spending, iResearch Consulting Group said Sunday.