China B2B e-commerce market reached 5.48 billion yuan in Q1 2015 and 6.39 billion yuan in Q4 2015 according to Analysis.
A quick overview on China’s overall economy in the past year:
China PPI decreased by 5.9%year-on-year in 2015.
The manufacture accounted for 76.8% of total industrial output value in 2014.
China B2B Market Overview
China B2B e-commerce had attracted investment of over 5 billion yuan in 2015 with a year-on-year increase of 699%. The total rounds of investment reached 103 in 2015, comparing with only 24 rounds in 2014.
Agriculture segment accounted for 28% of total B2B investment received in 2015.
The transaction of China B2B e-commerce market reached 11.8 trillion yuan in 2015 and is estimated to reach 18.5 trillion yuan in 2018 with stable growth. China e-commerce market reached 15 trillion yuan in 2015 and 69% came from the B2B market according to Alibaba.
Small and medium size enterprises (SME) is the biggest part of China e-commerce market, followed by designated sized enterprises (27.9%) and online shopping (23.1%) .
The transaction of SME in 2015 was 7.2 trillion yuan with 17.1% year-on-year growth.
The SME B2B e-commerce down to 61% in 2015 and is predicted to maintain decreasing, while above designated size enterprises B2B e-commerce increased to 39.8% in 2015 and is predicted to keep a steady growth in the next few years.
Overseas new users increased rapidly on Alibaba.com in 2015, particularly in Europe, America, and the Middle East. Domestic merchants on 1688.com spent much time online and CXT users spent 47 hours on average in receiving their first orders in 2015 according to Alibaba. Alibaba is predicted to keep growth in sales and users in 2016. Read more from Alibaba research here.