A report from the Chinese Academy of Cyberspace says that China has become the world's largest online retail market. From January to October, China's online retail sales reached 2.95 trillion.
Mobile shopping is rapidly growing in China. The number of Chinese onilne shoopers marking purchasing via their phones has hit 270m, says the report.
The cross-border e-commerce sector is also booming In 2014, China's cross-border onilne retail sales surged by 4.4% to hit RMB449.2b.