
According to the latest surveys e-commerce in China is developing in a galloping pace. Only during the past 6 months it has grown by 60%.
The Data Centre of China Internet reported that the Internet users of China have spent 256.1 billion yuan (37.5 billion dollars) within a half a year, that is 58.2% more than during the same period of 2007. By making average calculations it can be seen that Chinese online-shoppers spend on the Internet 211.8 yuan each month, that is 13.9% more than they did a year before.
Based on these results it is expected that Chinese Internet users will spend for online purchases about 587.4 billion yuan, which will make up 47.3% more than in the previous year.
"The growth is mainly attributed to fast expansion of China's Internet population and an increase in average online consumption," said the agency.
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