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While 81% of online buyers in the U.S. have used a credit card, China is underdeveloped relative to other geographies when it comes to eCommerce transaction security and credit card use, which is not common China's Commerce Opportunity: What Shoppers Want
Over the next 20 years, some 350MM people will move from rural to urban areas in China, making an urban population of almost 1B China's Commerce Opportunity: What Shoppers Want
Business-to-consumer eCommerce sales in China, excluding travel, are expected to increase from $6.9B in 2010 to $223.6B in 2015, a growth rate of more than 3,140% China's Commerce Opportunity: Why Now?
Demand for retail and consumer products in China is expected to double from $40B in 2010 to $90B in 2014. And by 2015, China will account for 20% – $27B – of the rapidly growing luxury market China's Commerce Opportunity: Why Now?