Shaun Rein, a Shanghai-based market research analyst, said these days it was exactly what the leaders want to help the slowing economy.
“E-Commerce sales in the United States only accounts for about 15 per cent of sales, in China it’s about 25 per cent,” he said.
“And we expect this to hit 50 per cent within the next five years as e-commerce plays a much bigger role in China than in the US.”
Are you looking for more experts on e-commerce at the China Speakers Bureau? Do check out our list here.