Friday, October 8, 2010

B2C transactions in China this year is expected to reach 11.1 billion U.S. dollars

As online shopping is more and more accepted by Chinese people, China's B2C (Business to Consumer) transactions linear upward trend. VISA has recently done in the region to a survey, e-commerce in the region of rapid development momentum. This year China's trade volume in B2C is expected to reach 11.1 billion U.S. dollars, an increase next year to 169 billion U.S. dollars, up to 2011 will be 24.1 billion.

VISA, director of innovative products in China, said Li Juan, now, Asia is the world's largest regional Internet users, with 650 million. China and India emerging market, because the original low base, the development will be very fast. Chinese e-commerce sales in these countries the proportion of the total, will grow 4.1% in 2006 to 10.6% in 2011.

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