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Key data of the People’s Republic of China

One Sentence Overview In 2015, over 40% of the total worldwide E-commerce spend came from China. Demographics • Population: 1.379 billion 0-14 years: 17.1% 15-24 years: 13.3% 25-54 years: 48.4% 55-64 years: 10.9% 65 years and over: 10.4% • Urban population: 56% • Gross Domestic Product (GDP): $11.3 trillion • Average household income: $11,000 (72,321 yuan) • Average age: 37.3 years • Languages: Mandarin Chinese (99%) E-Commerce…
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5 biggest differences between e-commerce Europe and e-commerce China

I have engaged in e-Commerce system and operations in Europe for 8 years, including designing and structuring; I have been shopping in Chinese e-commerce system now and then for 10 years and meanwhile studying the mechanism and market philosophy with personal interest. E-commerce in Europe differs on quite some aspects from China side. Here are 5 most obvious ones.
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Here comes the modern Chinese consumer

Despite concerns about economic growth, the country’s consumers keep spending. Yet our latest survey reveals changes in what they’re buying and how they’re buying it. Political and business leaders are concerned that China’s economic dream may be ending because of the cooling economic growth, a depreciating currency, and a gyrating stock market. Yet Chinese consumers remain…
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