Chinese Spend a Whopping 250 Billion Yuan On Online Shopping

by Tanya Thomas on  December 10, 2009 at 8:17 AM Lifestyle News   - G J E 4
 Chinese Spend a Whopping 250 Billion Yuan On Online Shopping
Over 87 million Chinese bought goods on the Internet this year, about 24 million more than last year.

According to The China Daily, this was an increase of 38.9 percent year-on-year.

Most online shoppers are students or white collar workers between the ages of 18 and 30, with a monthly income of 1,000 Yuan (146 dollars) to 3,000 Yuan (439 dollars).

The survey also found that more women shop online than men, and that clothing and home-use products are the most popular goods bought online.

According to the "Report on China's Online Shopping 2009", the total sum of national online consumption for the first half of the year was 119.5 billion Yuan (17.5 billion dollars), 89 percent of which through consumer to consumer websites like

CNNIC estimates the total sum of annual online shopping will reach 250 billion Yuan (36.6 billion dollars) this year.

Source: ANI

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