Robust growth in China’s e-commerce market in 2014

2014 brought record levels of growth in the e-commerce market in China. The professionals predict similar trend in the coming years.

According to newly released data of the Chinese e-commerce research center (CECRC) the value of commerce transactions conducted on the Internet last year exceeded 13.4 thousand billion yuan (2.1 thousand billion USD). This is an all-time record in the East Asian country. Compared to the previous year the growth in the sector was 31.4 percent. (MTI)