In 2013, the e-commerce transaction value of China’s agricultural products exceeded RMB50 billion (US$8.17 billion), said Chen Xiaohua, China’s Vice Agriculture Minister. Informatization has great influence on accelerating transformation of agriculture and developing modern agriculture in China.
China Total Retail Sales Exceeded 2.39 Trillion Yuan in Oct 2014
The total retail sales of consumer goods reached 2,396.7 billion yuan (US$390.15 billion) in China in October 2014, up by 11.5% year-on-year (nominal growth rate. The real growth rate was 10.8 percent). From January to October 2014, the total retail sales of consumer goods reached 21,311.8 billion yuan, up by 12% year-on-year.
Snapshot: Rural China’s E-commerce Market
In Q2 2012, China’s online shopping on Taobao by people in rural areas accounted for 7.11% of total; by Q2 2014, the rate increased to 8.3%. Online shopping is a rising trend in rural China.
China Online Retail Sales Exceeded 1.8 Trillion Yuan, 9.64% of Total Retail from Jan to Sep 2014
The total retail sales of consumer goods reached 2,304.2 billion yuan (US$376.4 billion) in China in September 2014, up by 11.6% year-on-year (nominal growth rate. The real growth rate was 10.8%).
China GPD 7.3% in Q3 2014, Slowest in 5 Years
According to National Bureau of Statistics of China, the gross domestic product (GDP) of China in the first three quarters of 2014 was RMB 41,990.8 billion (USD 6,858.5 billion), a year-on-year increase of 7.4%.
China Online Shopping in Rural Areas Outpaced Those in Cities
Growth in online shopping in counties and villages in China has outpaced those in cities, becoming a new engine that is further driving China’s domestic consumption, according to research from Alibaba Group. It said in its first county-level economy and e-commerce forum in its headquarters in Hangzhou on Thursday that the overall online shopping market […]
PHOTOS: How China Internet Companies Advertise in Rural Areas
Wall ads in rural areas prove to be a good way of penetrating into lower tier cities; let’s take a look at some of the wall ads of China internet companies.
Registered Taobao Stores in China’s Rural Areas Up 76.3%
Taobao and AliResearch released Taobao Village Report 2.0 on December 27, 2013. By the end of November 30 2013, Taobao (including Tmall ) registered online stores located in China rural areas increased 24.9%, and the number in villages and towns rose 76.3% compared to the end of 2012.
Tips for Reaching China Rural Consumers for E-commerce Marketing
In China’s fifth or sixth tier cities, the total number of online shopping users in the first half of 2012 doubled, especially in sixth-tier cities, the growth rate reached 150.6%. In 2012, the number of online paying users in fourth-tier cities grew by 64%, and the total online payments amounts increased by 68%, surpassing that of the […]
China Ranked the 6th Most Optimistic Country Last Quarter
After Chinese confidence levels fell to 104 and 105 index points in Q2 and Q3, Chinese consumer confidence in Q4 returned to Q1 levels, ranked the sixth most optimistic country last quarter, according to Nielsen’s China Consumer Confidence Report. China and the U.S. posted two of the strongest gains of 108 and 83 points respectively, […]