USEUROPEAFRICAASIA 中文雙語Fran?ais
    Business
    Home / Business / Industries

    A glimpse of China's mid-year online shopping spree

    Xinhua | Updated: 2017-06-19 07:22

    A glimpse of China's mid-year online shopping spree

    An employee works at a JD.com logistic centre in Langfang, Hebei province.[Photo/Agencies]

    BEIJING - Chinese internet users splurged on the mid-year online shopping spree on Sunday.

    While November 11, or Single's Day, is the largest online shopping festival in China created by Alibaba's Tmall, June 18 ("6/18") shopping festival was launched by JD.com, Tmall's arch rival.

    Other companies soon jumped on the bandwagon and began to offer special offers to get more customers.

    On June 18, JD.com reported its first hour sales more than doubled from the same period last year. Tmall pocketed over 100 million yuan ($14.71 million) seven minutes after its opening. Another Chinese e-commerce heavyweight Suning.com saw its orders more than quadrupled from a year ago.

    According to iResearch, a Beijing-based consultancy, while demand is high, Chinese consumers tend to be rational by caring more about quality instead of price.

    The top five items on the shopping list of JD.com consumers are cell phone, air conditioner, flat panel computer, laptop and baby formula. Consumers are more selective in quality.

    Kaola.com, a cross-border e-commerce platform, found consumers are becoming more critical in selecting big names, but were less interested in popular best-sellers.

    Cao Lei, director of China E-Commerce Research Center, said with consumer upgrade going on in China, e-commerce market has shifted from "price war" to responding to the demands of the affluent and sophisticated middle class.

    Putting all those purchases into consumers' hands is a huge task.

    To make fresh food reach consumers in the shortest period of time possible, Tmall's cold chain service is operating around the clock. Its daily delivery of fresh food totals near 500 tons.

    By using smart warehouse, it takes only three minutes to move a parcel out of the depot through automated assembly lines.

    E-commerce platforms are using drones to make speedy deliveries. At this year's "6/18" shopping festival, Suning.com is using drones to get packages directly to shoppers in rural villages.

    JD.com uses augmented reality and virtual reality to offer interactive shopping experiences and also employs robots, driverless cars and drones for deliveries.

    Xu Lei, JD Group's chief marketing officer, said retail sales will be driven by changing consumer habits and technology upgrades.

    The mega-spending spree came as China's economy is slowing down as the world's second largest economy is transitioning from dependence on export and investment to consumer spending.

    Growth of the property development investment slowed in May for the first time since November, but retail sales grew 10.7 percent year on year in May boosted by strong online sales, signaling continued consumption strength.

    China is the world's largest online shopping market, with about 467 million online consumers spending about 26.1 trillion yuan last year, up 19.8 percent year on year.

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    蜜桃无码一区二区三区| AV无码精品一区二区三区| 国产∨亚洲V天堂无码久久久| 久久亚洲精精品中文字幕| 国精品无码一区二区三区左线| 欧美无乱码久久久免费午夜一区二区三区中文字幕 | 性无码专区| 久久精品无码一区二区无码| 伊人久久无码精品中文字幕| 亚洲综合中文字幕无线码| yy111111少妇影院里无码| 中文字幕无码人妻AAA片| 欧美中文字幕一区二区三区| 亚洲精品无码专区2| 国产亚洲精久久久久久无码| 亚洲av无码一区二区三区不卡 | 熟妇女人妻丰满少妇中文字幕| 中文字幕人成高清视频| 国产精品一级毛片无码视频| 毛片无码免费无码播放| 亚洲Av永久无码精品三区在线| 无码人妻一区二区三区一| 中文字幕日韩一区| 日韩欧美中文亚洲高清在线| 欧美精品中文字幕亚洲专区| 亚洲精品欧美精品中文字幕| 亚欧无码精品无码有性视频| 日韩乱码人妻无码中文字幕视频 | 高清无码在线视频| 成人无码区在线观看| 91精品久久久久久无码| 69天堂人成无码麻豆免费视频| av无码免费一区二区三区| 国产麻豆天美果冻无码视频| 色视频综合无码一区二区三区| 亚洲成av人片不卡无码久久| 日韩成人无码中文字幕| 亚洲欧美日韩中文久久| 国产资源网中文最新版| 无码av人妻一区二区三区四区| 一夲道无码人妻精品一区二区|