Latest News:  
Beijing   Sunny    2 / -9   City Forecast

People's Daily Online>>China Business

Online shopping revenue to hit 800b yuan

By Chen Limin (Chinadaily.com.cn)

16:27, February 02, 2012

The total online shopping revenue in China for 2011 is expected to hit 800 billion ($127 billion) yuan, with 3.65 billion pieces of express mail and parcels sent, said He Liming, chairman of China Federation of Logistics and Purchasing.

In 2010, people spent 450 billion yuan on online shopping, according to figures from the Ministry of Commerce.

However, the development of logistics services still lags behind the country's booming e-commerce industry. Express delivery services are usually delayed if e-commerce websites hold low-discount promotions to boost sales, which leads to consumers' complaints.

The value added of the logistic industry, express delivery included, last year is expected to hit 3 trillion yuan, according to He, with a year-on-year increase of 14 percent.

Email|Print|Comments(Editor:张茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Various lanterns displayed to greet Lantern Festival

  2. New school buses put into use in Tianchang, China's Anhui

  3. China's Xi'an keeps large dogs out of center

  4. China's northern regions in grip of severe cold

Most Popular

Opinions

  1. Cadmium pollution cleanup measures safe, effective
  2. Chinese consumers fill big Western shoes abroad
  3. Returned migrant workers refill "empty nests"
  4. Luxury shoppers ring alarm bells
  5. Twitter critics confuse politics with business decision
  6. Japan’s actions over Diaoyu Islands will backfire
  7. A reality check on lunar new year
  8. Riding the tide of the times
  9. EP should get fully involved in EU decision making
  10. How can Europe avoid "a lost decade?"

What's happening in China

Pollution costing China dear: report

  1. 13 dead in SW China colliery explosion
  2. SW China to launch two foreign trade routes
  3. HK may adjust quota for mainland mothers
  4. Han Han takes fraud fight offline
  5. Mailbox windfalls baffle community

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance