In China, There are about 20.8% of people use credit cards, and 66.8% of people use debit cards. While there are 45.3% of people purchase on the internet, there is only 39.8% of people with online banking accounts.
For E-Commerce Customers in ChinaWhat are the major driving factors to purchasing online?
There is 994.0 million consumer goods e-commerce users in China, and they spend total of around 1.49 trillion USD dollars in 2021. That makes a per capita spending on consumer goods e-commerce of around 1494 USD. Also, in those e-commerce users, about 81.2% of them purchase through their mobile phone.