With a population of more than 1.4 billion, ecommerce of $181B China represents huge growth opportunity for U.S. merchants. China is the Multi-Billion Dollar Game-Changing country. China's e-commerce market is predicted to overtake the US in 2017, although some are insisting that it could be sooner. By 2017, data suggests China's shoppers will cross the trillion bucks milestone by spending US1.21 trillion online which is a remarkable number. Even as overall retail sales growth is steady along with the rest of China's economy, B2C online sales in the world's largest digital marketplace are growing at an annual rate of 25%. China has already become the world's largest online marketplace; this year it may lead the world in mobile commerce sales.
Currently, credit cards account for 70% of online transactions. This leaves a massive opportunity for Global Merchants looking to operate in China. To add to this the lightning-fast penetration of smartphones in China has accelerated adoption of digital retailing. Then why should you be left behind.