yStats.com, a leading secondary market research company based in Hamburg, Germany, has published a new market report “China B2C E-Commerce Sales Forecasts: 2017 to 2021”. The report synthesizes predictions of multiple original sources and concludes that online retail sales in China are expected to maintain double-digit growth rates and reach the 1 trillion Euro milestone within the next few years. Read more here: https://www.ystats.com/china-b2c-e-commerce-sales-forecasts-2017-to-2021/ Find the report here: https://www.ystats.com/market-reports/china-b2c-e-commerce-sales-forecasts-2017-to-2021/

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PRESS RELEASE
Hamburg, November 3rd
, 2017
Online retail sales in China will top one trillion Euros per year says
yStats.com publication
Germany based business research firm yStats.com’s new market report, “China B2C E-Commerce Sales Forecasts: 2017 to
2021” gathers forecasts from several original sources to predict that within a few years, online retail sales in China will reach over 1
trillion Euros, as the country continues to show double-digit growth rates.
Already the global leader in online retail, accounting for close to one third of worldwide B2C E-Commerce sales by itself, the huge
online shopping population of over 500M results in an E-Commerce share of total retail sales two times higher than the global mean. Reliable
sources cited in the yStats.com publication forecast that online sales in China will maintain double digit growth rates in online sales through
2021 and at some point in the next four years will reach the 1 trillion Euro milestone in annual sales, when considering C2C as well as B2C E-
Commerce.
Two factors contribute to the continued robust growth of E-Commerce in China. The spread of Internet connectivity to rural areas of
the country and the readiness of this previously untapped population to join the online shopping frenzy is one of the drivers of ongoing online
retail proliferation. Another major push for the expansion of E-Commerce in China is mobile shopping, according to the yStats.com report. M-
Commerce already composes about three fourths of online retail sales in China and the spread of smartphones with the convenience of
handheld shopping continues to drive sales growth.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/11/2017.11.03__Product-Brochure-Order-Form_China-B2C-E-Commerce-Sales-
Forecasts-2017-to-2021-1.pdf
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.