Alibaba Executive Chairman Jack Ma said the Internet go a long way towards helping rural businesses reach potential consumers.
The Yiwu Small Commodities Market is one example of how innovation is affecting the city's business patterns.
Decking out your smartphone for Christmas has opened up another niche market for mobile app designers hoping to cash in on a Santa-style windfall.
Alipay, the third-party online payment company, said about 28 million consumers had taken part in Saturday's Double 12 shopping promotion.
Yiwu exported Christmas goods worth 450 million yuan ($69.89 million) from January to July of 2015, a 25.5 percent year-on-year increase.
It's a good time to review the leaders in the sector before the second World Internet Conference gets underway in Wuzhen, Zhejiang province in East China, from Dec 16 to Dec 18.
As Chinese increasingly turn to the Internet for shopping, it's appropriate that many lawsuits over their purchases are now being handled entirely online.
E-commerce giant Alibaba Group announces a full acquisition of the South China Morning Post－Hong Kong's oldest English-language newspaper.
China will hold its 2nd World Internet Conference in Wuzhen, Zhejiang province from Dec 16 to 18 after last year's success. The conference is held with the theme of "an Interconnected World Shared and Governed by All -- Building a Cyberspace Community of Shared Destiny".
President Xi Jinping is set to address the World Internet Conference next week in Wuzhen, a historic water town in eastern Zhejiang province.
More than 2,000 guests from over 120 countries and regions around the world will attend the 2nd World Internet Conference in Wuzhen, Zhejiang province, from December 16 – 18.
A number of innovative projects from SMEs will also be displayed at the Fair to demonstrate their development potential and market value.
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