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I think I might as well call it
China month here are the BOOT. I have another interesting piece for you to read about the Online market in China. This one is from
McKinsey and covers online China in general (not just travel). Called "
China's Internet Obsession" this article comes from the McKinsey Quarterly (registration required for full article but no cost to register). Couple of highlights from the article:
- China is world's largest internet market in terms of people - 384mm online. 50% increase since 2008;
- One in five consumers between the ages of 18 and 44 won’t purchase a product or service without first researching it on the Internet; and
- Online advertising has been growing at between 20 and 30 percent a year—twice the print media’s growth rate—and the market was around $3 billion (20 billion renminbi) in size last year.
thanks to Chi King via flickr for the photo
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