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China's e-commerce revenue hits $175 bn

Last Updated: Friday, March 08, 2013, 16:11

"The total revenue of online commerce is estimated to be around 1.1 trillion yuan (about $175 billion) to 1.2 trillion in 2012," Xinhua quoted Chen as saying.

China nets $100 billion FDI despite gradual decline

Last Updated: Tuesday, December 18, 2012, 13:27

China received FDI of over USD 100 billion in 2012 for the third successive year despite the investment flow falling during the last few months.

China's e-shopping market to be world's biggest

Last Updated: Saturday, May 19, 2012, 15:15

The China Business Development Report Forecast (2011-2012) was released this week by the National Academy of Economic Strategy under the Chinese Academy of Social Sciences, the China Daily reported.

Wal-Mart to take majority stake in China e-commerce firm

Last Updated: Tuesday, February 21, 2012, 10:46

Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in the world's fastest-growing major economy.