China’s Online Trade Volume Grows 20%


China’s Online Trade Volume Grows 20%

China’s online trade volume in 2008 witnessed a year-on-year increase of 20% despite a gloomy economic environment, according to wire service reports.

The trade volume of the country’s e-business increased from 1.61 trillion yuan ($2.4 billion) in 2007 to 1.95 trillion yuan ($2.9 billion) in 2008, in which individual consumers contributed about 30%.

The country