China retail consumption to jump 50% | Retail News Asia

China’s total retail consumption will jump 50 per cent to $6.5 trillion by 2020, with online transactions accounting for half of that growth, according to new research. Seventy per cent of those e-tail purchases will be conducted via mobile devices. Over that same five-year period, cross-border eCommerce will have grown so high – to $152.1 […]

Source: China retail consumption to jump 50% | Retail News Asia