The PRC's evolution from developing to developed economy could get a boost if the country’s businesses are able to fully harness the advantages and efficiencies of the Internet and e-commerce.
The PRC's evolution from developing to developed economy could get a boost if the country’s businesses are able to fully harness the advantages and efficiencies of the Internet and e-commerce.
Former U.S. Vice President Al Gore gives a shout-out to Alibaba Group, noting that China’s largest e-commerce company generates more GMV than the combined total of America's Big Two. Plus, a new report says a handful of online shopping websites accounted for nearly half of the growth rate of China's 100 largest retailers last year.
One of China's largest appliance and electronics chains has launched an online store on Tmall, joining a host of other shopping websites that are opting to sell through the country's largest online B2C marketplace.