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May 30, 2012

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China on track

CHINA will become the world's largest online retail market in 2013, following years of rapid growth, a Ministry of Commerce official forecast yesterday.

China recorded 194 million online shoppers and 782.56 billion yuan (US$123.19 billion) in online retail trade last year, Li Jinqi, director of the information technology department of the ministry, said at a conference on e-commerce in Beijing.
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