Online sales surge
Editor: 管理员 Date:2014-07-30 Hit:2402
%3CP%20align%3Dcenter%3E%3CIMG%20style%3D%22WIDTH%3A%20386px%3B%20HEIGHT%3A%20392px%22%20border%3D0%20src%3D%22/new_maoyi_en/cn/admin/news/NewsFile/-1/2014730162421676.jpeg%22%20width%3D500%20height%3D617%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EConsumers%20bought%20a%20total%20of%201.1%20trillion%20yuan%20%28%24176.1%20billion%29%20worth%20of%20goods%20from%20China%27s%20online%20retailers%20in%20the%20first%20half%20of%20this%20year%2C%20a%20surge%20of%2033.4%20percent%20year-on-year%2C%20data%20from%20the%20Ministry%20of%20Commerce%20%28MOFCOM%29%20showed%20Tuesday%2C%20even%20though%20sales%20of%20counterfeit%20goods%20continue%20to%20afflict%20some%20online%20platforms%20in%20China.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EOnline%20retail%20sales%20accounted%20for%208.4%20percent%20of%20the%20country%27s%20overall%20retail%20sales%20in%20the%20first%20half%2C%20the%20MOFCOM%20wrote%20in%20a%20statement%20on%20its%20website.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EMOFCOM%20data%20also%20showed%20that%20total%20e-commerce%20transactions%20in%20China%2C%20including%20business-to-business%20transactions%2C%20reached%205.66%20trillion%20yuan%2C%20up%2030.1%20percent%20on%20a%20yearly%20basis.%20%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EAlso%20on%20Tuesday%2C%20bank%20card%20association%20China%20UnionPay%20announced%20that%20the%20number%20of%20its%20Internet%20and%20mobile%20payment%20users%20have%20surpassed%20150%20million%20by%20July%2C%20according%20to%20a%20post%20on%20the%20company%27s%20website.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3ELin%20Wenbin%2C%20an%20industry%20analyst%20at%20consultancy%20Analysys%20International%2C%20told%20the%20Global%20Times%20Tuesday%20that%20in%20the%20second%20quarter%20alone%2C%20online%20retail%20sales%20already%20accounted%20for%2010.48%20percent%20of%20China%27s%20overall%20retail%20sales.%20%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20ratio%20is%20somewhere%20between%206%20percent%20and%208%20percent%20in%20some%20developed%20economies%20at%20present%2C%20such%20as%20the%20US%2C%20Lin%20noted.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EDespite%20consumers%27%20growing%20enthusiasm%20for%20online%20shopping%2C%20counterfeiting%20and%20other%20irregularities%20such%20as%20tax%20evasion%20remain%20pressing%20issues%20that%20hinder%20the%20development%20of%20the%20sector.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EOn%20Monday%2C%20leading%20e-commerce%20websites%20JD.com%20Inc%20and%20Jumei%20International%20Holding%20closed%20a%20third-party%20shop%20on%20their%20platforms%20after%20a%20news%20report%20alleged%20that%20the%20shop%20was%20selling%20fake%20luxury%20goods.%20%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3ELin%20said%20that%20major%20e-commerce%20websites%20have%20been%20introducing%20third-party%20shops%20on%20their%20platforms%20in%20a%20bid%20to%20bring%20product%20variety%20to%20their%20users%2C%20and%20during%20the%20process%20it%20is%20unavoidable%20that%20sometimes%20unqualified%20merchants%20get%20in.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22Most%20Chinese%20consumers%20have%20developed%20the%20habit%20of%20shopping%20online%20in%20a%20maturing%20market.%20Such%20news%20may%20affect%20the%20sales%20of%20a%20particular%20e-commerce%20site%2C%20but%20not%20the%20whole%20sector%2C%22%20Feng%20Lin%2C%20a%20senior%20analyst%20at%20China%20E-Commerce%20Research%20Center%2C%20told%20the%20Global%20Times%20Tuesday.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EFeng%20noted%20that%20the%20sector%20will%20continue%20to%20grow%20at%20a%20fast%20pace%20as%20young%20people%2C%20who%20tend%20to%20shop%20online%20more%20frequently%2C%20are%20gaining%20more%20purchasing%20power.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EAnd%20with%20domestic%20consumption%20is%20expected%20to%20play%20a%20more%20important%20role%20in%20driving%20China%27s%20economic%20growth%2C%20the%20online%20retail%20sector%20will%20also%20get%20a%20boost%2C%20experts%20noted.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20e-commerce%20market%20in%20China%20is%20dominated%20by%20several%20companies%20at%20present.%20%22The%20e-commerce%20sector%20has%20entered%20into%20a%20new%20phase%20as%20major%20e-commerce%20companies%20are%20all%20seeking%20public%20offerings%2C%22%20the%20MOFCOM%20wrote%20in%20the%20Tuesday%20post.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EJD.com%20made%20its%20debut%20on%20the%20Nasdaq%20in%20May%2C%20and%20its%20main%20rival%20Alibaba%20Group%20is%20also%20reported%20to%20get%20listed%20on%20the%20New%20York%20Stock%20Exchange%20as%20early%20as%20late%20August.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThough%20experts%20noted%20that%20it%20is%20unlikely%20that%20online%20shopping%20will%20replace%20brick-and-mortar%20shops%20in%20a%20short%20term%2C%20traditional%20companies%20have%20been%20actively%20tapping%20into%20the%20online%20market%20recently.%20%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EReal%20estate%20developer%20Dalian%20Wanda%20Group%20will%20allocate%20an%20initial%20investment%20of%205%20billion%20yuan%20to%20develop%20its%20e-commerce%20business%2C%20and%20the%20company%20is%20now%20seeking%20partnership%20with%20China%27s%20major%20e-commerce%20firms%2C%20media%20reports%20said%20earlier%20this%20month.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EBut%20experts%20noted%20that%20it%20would%20be%20hard%20for%20new%20players%20to%20take%20a%20significant%20share%20in%20the%20online%20market%20and%20it%20is%20difficult%20to%20change%20the%20current%20landscape%20in%20the%20e-commerce%20sector.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22If%20the%20new%20players%20could%20focus%20on%20one%20specific%20market%20segment%20or%20one%20specific%20group%20of%20consumers%2C%20they%20might%20still%20have%20a%20chance%2C%22%20said%20Analysys%20International%27s%20Lin.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%3CBR%3E%28Global%20Times%29%3CBR%3E%3C/FONT%3E%3C/P%3E
