Zhejiang shoppers spending more

Consumers from Zhejiang province were the second-biggest spenders by Alipay in 2015, only second to their counterparts from Shanghai, according to an annual report released by the country's largest online payment platform.

The report showed the average individual in Shanghai spent 104,155 yuan ($15,703) on Alipay last year. Zhejiang's consumers ranked second with average per capita expenditure of 94,192 yuan, followed by Beijing, and the eastern coastal provinces of Jiangsu and Fujian.

It is noteworthy that average individual spending in Hangzhou, capital of Zhejiang province, reached 133,211 yuan in 2015.