{"id":3245,"date":"2017-06-26T08:00:03","date_gmt":"2017-06-26T15:00:03","guid":{"rendered":"https:\/\/www.numinix.com\/blog\/?p=3245"},"modified":"2023-12-05T17:59:36","modified_gmt":"2023-12-06T00:59:36","slug":"china-accounts-for-40-percent-of-global-ecommerce-transactions","status":"publish","type":"post","link":"https:\/\/www.numinix.com\/blog\/china-accounts-for-40-percent-of-global-ecommerce-transactions\/","title":{"rendered":"China accounts for 40 percent of global e-commerce transactions"},"content":{"rendered":"<p><a href=\"https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3246\" src=\"https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178.jpeg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178.jpeg 4800w, https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178-300x200.jpeg 300w, https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178-768x512.jpeg 768w, https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178-1024x683.jpeg 1024w, https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178-624x416.jpeg 624w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p class=\"p1\"><span class=\"s2\">A Sina news report which cites data from the Ministry of Commerce highlights China\u2019s as being the largest e-commerce market in the world.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">Transactions through unconventional e-platforms reached 26.1 trillion yuan last year, up 19.8 percent from the previous year, with the value of e-commerce in China accounting for 39.2 percent of the global market.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">According to the report, there was steady growth in all of China\u2019s e-commerce sectors, including the value of e-commerce transactions and the number of employees serving in e-commerce sectors.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">Why are their figures so high? It may be because the number of internet users reached a whopping 731 million, with online shopping consumers reaching 467 million, which accounts for 63.8 percent of all internet users.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">But China is crediting its explosive growth in the e-commerce sector to the fast expansion of Alibaba&#8217;s Taobao and Tmall marketplaces, as well as JD.com, a site backed by another Chinese technology giant Tencent.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">The report also highlights clothing, home furnishings, electronic appliances, mobile phones, digital goods, food and drink, and baby products as being the most traded goods among Chinese e-platforms.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\"><b>Do you have an e-commerce news story you\u2019d like to share with us? If so we\u2019d love to hear about it. Comment below or tweet us @numinix<\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Sina news report which cites data from the Ministry of Commerce highlights China\u2019s as being the largest e-commerce market in the world. Transactions through unconventional e-platforms reached 26.1 trillion yuan last year, up 19.8 percent from the previous year, with the value of e-commerce in China accounting for 39.2 percent of the global market&#8230;.<\/p>\n","protected":false},"author":265,"featured_media":3246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[69],"tags":[682,756,750,751,752,753,754,755],"class_list":["post-3245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-numinix-news","tag-e-commerce","tag-e-commerce-in-the-news","tag-e-commerce-news","tag-e-commerce-report","tag-e-commerce-statistics","tag-e-commerce-worldwide","tag-news","tag-news-story"],"modified_by":"Nurul Afsar","jetpack_featured_media_url":"https:\/\/www.numinix.com\/wordpress\/wp-content\/uploads\/2017\/06\/AdobeStock_97936178.jpeg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/posts\/3245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/users\/265"}],"replies":[{"embeddable":true,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/comments?post=3245"}],"version-history":[{"count":0,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/posts\/3245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/media\/3246"}],"wp:attachment":[{"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/media?parent=3245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/categories?post=3245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.numinix.com\/blog\/wp-json\/wp\/v2\/tags?post=3245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}