The online trade of luxury products is flourishing in China

Almost 70 percent increase occurred in the online trade of luxury goods in 2011 in China. In the forthcoming years, an annual 30 percent growth is expected.

The online trade of luxury goods in China increase from 6.4 billion (224 billion HUF) to10.7 billion yuan (374 billion HUF) last year – according to the survey of iResearch investigating web trends. The expansion will surely continue in the forthcoming years, sales for 2015 can exceed 37 billion yuan (1.3 billion HUF) – reports MTI.