From China Observer: This past year’s World Luxury Association (WLA) and China Trade Development & Cooperation Center (CCPIT) report found Chinese luxury consumption from February 2010 to March 2011 reached 10.7 billion USD – equivalent to more than a quarter of the world’s total global luxury consumer spending.
Key statistics:
200 million Chinese online shoppers spent 7 trillion RMB in 2011. Guangdong contribute the most(13.7%) to online shopping. Tmall is the biggest player (51% B2C marketing share).
From: Eguan; By the end of 2011, China has 254 million active micro-blog user accounts, up by 150.7% over last year. The stability of user activity proves the commercial value of microblogging. From the content point of view, microblogging user activity is mainly reflected in the following four aspects: (1) the number of user-generated content, (2) number of retweets/comments, (3) content sharing among social platforms, (4) content [...]
More →
From: iResearch The market scale of China luxury online shopping in 2010 (including C2C and B2C) is 6.36 billion yuan; the number in 2011 is estimated to be 10.73 billion yuan with an annual growth of 68.8%. In the whole market scale of China online shopping, transaction size of online luxury shopping [...]
More →
China is the most populous country on earth, with the population over 1.3 billion. 779.9 million Chinese workers produced 619 million mobile phones, 22.3 trilion cigarettes and 67 million LCDs in 2009. US is the 2nd largest importer of Chinese goods, paying for 220 billion worth of goods per year.
More →Connect w/ Resonance.
