TOPIC: E-commerce in China
OBJECTIVE: Learn about the
projects that have been established in China.
E-COMMERCE IN CHINA SURPASSES THE US, FRANCE, GERMANY,
JAPAN AND UK TOGETHER
Digital commerce in
China represented only 1% globally in 2008, but a decade later the Asian giant
already represents 42%. A very striking fact when compared to 24% of the United
States, which in 2005 held 35% of international e-commerce. The data presented
by the McKinsey Global Institute are clear: China handles more transactions per
year than France, Germany, Japan, the United Kingdom and the United States
together.
China concentrates
40% of global e-commerce, (618 billion dollars in 2015), above the US (349
billion dollars) and the United Kingdom (99.3 billion dollars), its number of
online shoppers exceeded last year's 400 million and spending Annual average
per person stood over 1000 dollars; Aware of the opportunities that this
represents, the ICEX has celebrated the day: "The potential of e-commerce in China: The experience of Alibaba's
platforms".