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Tuesday, 2 August 2011, 12:00 HKT/SGT
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Source: Buildingmaterials-china.com
Buildingmaterials-china.com: China's B2C Market Size Will Reach 770 Billion in 2014

BEIJING, Aug 2, 2011 - (ACN Newswire) - According to the recent research of Buildingmaterials-china.com over the past three years, the average annual growth rate of China's e-commerce B2C market is more than twice. China's B2C e-commerce market size is expected to reach nearly 770 billion RMB in 2014.

The data of Buildingmaterials-china.com show that the size of China's e-commerce market achieved average annual growth of 90% on the basis 128.2 billion yuan in 2008, of which B2C market rose from 9.3 billion RMB to 108.3 billion RMB. Although the total is still less than the C2C market, its average annual growth rate is 242%, showing a strong outbreak of the entire market.

According to survey, in 2010, the largest categories of net purchases were consumer electronics, home appliances, clothing and audio-visual library of publications, occupying 73% of the total value of B2C online purchases.

Buildingmaterials-china.com points out that these goods have characteristics such as standardization and bulk size, which are suitable for online shopping. In the next four years, the highest concentration of online shopping goods will still be those categories. Buildingmaterials-china.com analyzes that currently China's online shopping consumers have focused mainly in Shanghai, Beijing, Shenzhen, Guangzhou and other eastern prosperous cities.

Contact:
http://www.buildingmaterials-china.com/

Email: my@buildingmaterials-china.com


Topic: Press release summary
Source: Buildingmaterials-china.com

Sectors: Daily Finance, E-commerce
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