e-commerce in China will reach 30 trillion in 2020

February 27, 2013, Beijing, In the first meeting of "Information Society 50 memebers Forum", the Alibaba Group Research Center (referred to as "Ali Research Center) released an ongoing information economy prospects for research, first proposed the concept of e-commerce economies, and also predicted that in 2020 the scale of China's e-commerce (including online B2B transactions) will reach 30 trillion, will become the largest e-commerce economies in the world.

From emerging market countries to the Internet economy

Ali Research Center believes that the information economy is becoming the world's most important economic development engine following the "BRICS", its signal is the rise of the Internet economy. The most impressive in China is the development of e-commerce economies.


After a decade of joining in WTO, WTO helps Chinese enterprises get two major markets including home and abroad, China has become the world's largest exporter and second largest importer, exports reached 20% of the average annual contribution to China's economic growth rate. "WTO + external demand" has become the most important growth driver for China's economy over the past ten years.

In the impact of the financial crisis, China's economic framework is transferred to the consumer-driven. In various factors of stimulating domestic demand development, the Internet has begun to play a huge role; It provides a representative commercial infrastructure, such as cloud computing, also play the enabling role to promote the full range of enterprise innovation.

In 2012, China's total online retail exceeded one trillion yuan, reach 1.3 trillion, accounted for 6.3% of the total retail sales of social consumer goods. Ali Research Center estimates that by 2016, China's online retail transaction volume will reach 5 trillion, accounting for 12% of the total sales of consumer goods. By 2020, these two figures will reach 10 trillion and 16%.


At the same time, e-commerce economy is accelerate weapon for modern service industry, and will complete the transformation of the manufacturing sector in the near future.

Internet economy : China VS USA

Ali Research Center, regards that the future development of the Internet economy is mainly reflected the competition between China and US. Europe is in decline, the most important reason is that Europe does not have a powerful information platform. Internet and technology enterprises in the United States and China has become the world leader of the Internet economy (according to comscore ranking in December 2012). In this Internet information revolution, China is moving toward the forefront of the world.

American model can be attributed to the world's first Internet economy occupy a strategic position, leading the development of the global information economy. United States will continued to lead the development of the global Internet infrastructure by virtuous cycle of market-oriented combination with national strategy investment; will consolidate its economic and global hegemony position by information products, services, cultural values and standards of the global output and the global user market occupation.

"Correspondingly, the development of China's Internet economy must play the advantage of the digital bonus" China needs take the Internet as a strategic infrastructure, based on the development of e-commerce economies, promote economic and social transformation from the mobile Internet, and agriculture-related e-commerce and the C2B new mode and manufacturing industry upgrade.

Forecast 2020

According to Ali research center, it is expected that in 2020 the scale of China's e-commerce (including B2B online trading) will reach 30 trillion, becomes the world's largest e-commerce economies. in which, Online retail transaction volume will reach 10 trillion, the scale of China's e-commerce services wii be over 3 trillion. The economies of China's e-commerce will creat added value of 100 billion yuan for manufacturing industry, will pull the entire economic chain toward marketing, circulation and production mesh network synergistic value.

As the core of e-commerce economies, the C2B model will solve the survival of the 10 million small enterprises, promotes the employment of 100 million person, supports the "China Dream" in new economical social.

Reported from english taobao agent: BuyChina.com

BuyChina:Taobao annual sales performance has beyonded trillion

According to Voice of China "aspect News" reported, During the past Spring Festival holiday, because of logistics and other reasons, e-commerce is basically in the half out of business; However, the most supermarkets have get the opportunity to earn more. In the final exams of the Chinese New Year holidays, the real economy is clearly superior, make money-plate full and money-bowl full.

However, on the other hand, during the Spring Festival, the vitality of the Internet industry is reflected in the micro-message for blessing New Year. In previous years, the mobile phone SMS in blessing New Year is the absolute protagonist, but this year the voice of blessing new year in the micro-message has grab the toplight.

E-commerce is not very well in Spring Festival Holiday,but look at the sales performance of e-commerce in 2012, the real economy just can far follow to e-commerce. A seminar held in Zhongnanhai, happened in the end of last month, the "leader" of China's electricity commerce, Alibaba Group Chairman Jack Ma gives a series of staggering numbers of Taobao in 2012.

Jack Ma: Ten years ago in these days, we decide to do Taobao. Last year we completed the sales of 1 trillion, 1.15 trillion. As we all know, In "Double 11" Day, we sold 19.1 billion. There are more than 10 million people employed around the entire Taobao series directly and indirectly. Average speaking there are more than 100,000,000 person shopping in Taobao per day, equal to the 5-6 Shanghai's population.

That year, the real economy to describe the virtual economy is "wolf", "Wolf" has really come when the real economy has not fully prepared, and come ferociously. As one Ads says in e-commerce: nobody on the street does not mean that no one shopping. Now this "wolf" is indeed making the entity business in a headache. Jack Ma says that we must correctly view the importance of this trend, e-commerce can not simply be seen as a trouble.

Jack Ma: various industry is undergoing a huge impact, almost all of the retail industry hate me. If we can not correctly view will regard Alibaba as a huge trouble. But in fact, this is a strong signal of China's economic transformation and upgrading, restructuring. and it is painful.

Jack Ma said, this is just the beginning, the Internet is in a huge revolution that changing from the consumption transformation to manufacturing and the lifestyle.

Jack Ma: So the Internet is not a virtual economy, it is a new economy. The new economy is a perfect combination the virtual economy and real economy. I hope that our country can firmly grasp the opportunities of the Internet Economy in the future, this opportunity only happened in this age, this opportunity only happened in China.

For the development of Chinese Internet, Tencent Ma regards that development of China's Internet in this decade is so fast, that has enjoyed the bonus of the Chinese population, even in the international financial crisis, the bonus is still exist. take the combination of Apple smart phones and the Internet For example, it has created a whole new era of mobile phones. He also proposed to importance of combination between virtual economy and real economy.


Tencent Ma: The Internet has combined tightly with the entity. The combination of the Internet and the creative industries is a transformation and upgrading, even is a subversive, destructive innovation. I believe in the future, including the Internet of Things, many traditional industries are able to combine with Internet. So also want to mention and emphasis on the importance of information technology and the Internet.

Resource from: english taobao agent:buychina.com