11.05.12
According to China’s National Bureau of Statics, January to September of 2012 accumulated $2.4 trillion in consumer good sales, and was up 14.1% compared to the same period last year. On a whole, Internet sales channels have seen some of the most significant growth, with consumers opting for the convenience of online shopping as well as the ability to shop around for the lowest price. Currently, China has the largest consumer base in the world, and the largest consumer group that is electronically wired via Internet and smart phone technology. As dietary supplements and other natural health products are considered consumer goods, the trend of shopping online has seen an increase of these products available through a variety of leading e-retailers. The U.S. – China Health Products Association has written a report on China’s growing E-Commerce channel, which can be downloaded free from its site: www.uschinahpa.org