China is one of the biggest countries in the world; by population and by business as well. The country has proven to be one of the best business hubs in the world, which is why it has such high significance. One other main thing that makes China stand out is its dominating ecommerce market. China has the largest ecommerce market in the world, valued up to $300 billion, and still growing as you read.
The ecommerce market is so big that every business, whether big or small, is switching to an online aspect. Social media is another big ecommerce platform in China because ecommerce can easily be integrated on social media without any hassle. Douyin, a Chinese app, just like TikTok, has its own built-in app store where users can purchase a bunch of stuff.
There are many other platforms used by millions of people in China every day for the ecommerce business. If you really want to visualize how big ecommerce market is in China and how well it is doing with a swift rise and expectations of growth, then take a look at the following infographic.
Infographic by: statista