(MENAFN- QNA) China's netizen population reached 648 million at the end of 2014, 16 million more than in June, according to an industry expert, Xinhua reported.
Jin Jian, deputy director of the China Internet Network Information Center (CNNIC), said that online economy accounts for seven percent of GDP, up from 3.3% the previous year.
Chinese consumers are eager to spend online. Internet retail sales totaled 331 billion yuan in the first ten months in 2014, up a stunning 55.6 percent over 2013.
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