Over 80% Of Chinese Families Shopped Online Last Year

China Central Television published a report on China’s economic life between 2013 and 2014 which shows that 81.52% of Chinese families had online shopping experiences in 2013. Compared with other consumer groups, university students and people in management positions shopped online more often, especially those in the 18-25 age demographic. By region, citizens in Hainan, […]

China’s Alibaba Buys New Domain Name For Internet Wholesale Business

Chinese B2B e-commerce group Alibaba has bought a new domain name, 1688.com, for the launch of its new online wholesale business.