8 Chinese industries taking on global players
Updated: 2014-12-03 08:06
No 2 E-commerce
Alibaba Group Holding Ltd's largest public offering in September made it one of the best Chinese Internet brands this year. And its success directly boosts China's e-commerce industry in the world.
Online sales on Alibaba's Tmall.com, Taobao.com and its overseas outlets, such as AliExpress, topped 57.1 billion yuan ($9.34 billion) on Nov 11, a shopping spree launched by Alibaba.
The big screen shows sales volume during the Nov 11 Singles' Day shopping spree at Alibaba's headquarters in Hangzhou city, East China's Zhejiang province, Nov 11, 2014. [Photo/Provided to chinadaily.com.cn]