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Zheng Zhigang Strives To Build K11 Into The Group'S New Retail Aircraft Carrier

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Retailers Upgrade To Launch Online Business Actively

Under the impact of online retailing, retailers are developing online businesses, while retaining only some of the physical stores to focus on image promotion and product display. According to the report, China's online retail sales amounted to RMB 1 trillion and 300 billion in 2012, an increase of 66.2% over the same period last year, accounting for 6.2% of total retail sales.