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Over 87 million Chinese shopping online - India News and Travel Times Provides India-centric and other News and Features - Search News

Over 87 million Chinese shopping online

     Over 87 million Chinese bought goods on the Internet this year, about 24 million more than last year. According to The China Daily, this was an increase of 38.9 percent year-on-year. Most online shoppers are students or white collar workers between the ages of 18 and 30, with a monthly income of 1,000 Yuan (146 dollars) to 3,000 Yuan (439 dollars). The survey also found that more women shop online than men, and that clothing and home-use products are the most popular goods bought online. According to the "Report on China's Online Shopping 2009", the total sum of national online consumption for the first half of the year was 119.5 billion Yuan (17.5 billion dollars), 89 percent of which through consumer to consumer websites like Taobao.com. CNNIC estimates the total sum of annual online shopping will reach 250 billion Yuan (36.6 billion dollars) this year.

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