GCTL8.com (FocusAsia Media Ltd)

SHANGHAI, Feb 9 (FAM) – Shanghai’s booming e-commerce industry saw another year of robust growth in 2016.

The transaction volume of e-commerce hit a record high of more than 2 trillion yuan (290 billion U.S. dollars) in 2016, up 21.9 percent year on year, according to data released by Shanghai Municipal Commission of Commerce.