Boom in e-commerce necessitates better protection of personal data
China Daily | Updated: 2018-11-13 07:59
THE ANNUAL "DOUBLE 11" Singles' Day shopping gala generated sales of 213.5 billion yuan ($30.7 billion) on Sunday, breaking the record of 168.2 billion yuan last year. China Daily reporter Li Yang comments:
Sunday marked the 10th anniversary of the Nov 11 online shopping gala created by Alibaba's online marketplace Tmall.
On the one hand, the record-high sales year after year are a good example of how consumption has become a growth driver of the Chinese economy, and that, as some say, China's domestic consumption is not being constrained by the ongoing trade frictions with the United States.
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