Online shopping offers prospect of huge new market
By Lu Chang | China Daily | Updated: 2010-07-10 06:52
BEIJING - Sex toys and products are just a click away in China as the country's 10 billion yuan ($1.47 billion) industry moves to expand through online outlets.
So far, it is estimated that sales through online shops account for only about 10 percent of the turnover. Lin Degang, a council member of the China Sexology Association, said the number of online stores is increasing at a rate of about 60 percent a year.
Lin, who also owns retail and online sex shops, said that the percentage of online outlets is bound to increase over the next few years.
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