E-Commerce Industry Reports Substantial Growth for 2013

E-Commerce Industry Reports Substantial Growth for 2013The city e-commerce industry has generated more than 951 billion yuan in domestic and international transaction for 2013 which is 9 percent of the national total and a 51 percent increase compared to 2012. In September 2009 Shenzhen was proclaimed as a model city for e-commerce development and since then the city has drafted several work plans that is intended to bolster local internet development and e-commerce industries that has a yearly financial support of 500 million yuan.

There are more than 10 industrial parks found in Shenzhen where e-commerce businesses come and gather. These parks cover more than 2,500,000 sqaure meters and are home to a thousand e-commerce and internet companies. Several well known giants in the e-commerce business namely OneTouch, Tencent and online trading platforms are leading the development of the e-commerce trade nationwide.

Favorable industrial development and possible business potential are attracting e-commerce giants to create branches of headquarters in Shenzhen. As of the moment Alibaba Group is constructing a southern China office, a international operations center and its cloud computing research and development center in Shenzhen, and Baidu is also building its international headquarters and research and development center in Shenzhen as well.

Comments are closed

The Contributor

Follow me on twitter: TriaSasin

    Connect with Jasmin:
  1. - Email: Click here

Have Your Say!

Which part of Shenzhen has the best quality of life for foreigners?

View Results

Loading ... Loading ...

  1. Etienne Ducrot: Hi, I’m interested to contact this Foundation. Do you know how? Thanks. Etienne
  2. Emma: Hi Jasmin, I’ve read your article about a new medical center opens in Nanshan at the end of this month....
  3. sherry lee: A simple story with great words…I love it.
  4. Evangeline: Awesome piece!
  5. Glenda: Hi there, I enjoy reading through your article post. I wanted to write a little comment to support you.