Shanghai, as is shown in a report by the iResearch Consulting Company, ranked the first among all the cities in China in the aspect of online shopping. It has spent an amount of 16.5 billion yuan, or $2.4 billion, online in 2008, with 2,200 yuan each person. The report was conducted recently through interviews with 100,000 Internet users all over the nation, and 84 major websites were taken advantage of as terraces.

The total amount of web shopping in 2008, 120 billion yuan, has risen to a new height and it was 128.5 percent higher than that in 2007. Read more…

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China, economy, nation, report, Shanghai, shopping, web