Shopping channel sales in China hit 10.5 billion yuan (US$1.5 billion) last year, up 87.5 percent from 2004, and are set to soar further over the next decade, according to a media research report.
The joint report by the organizing committee of the Shanghai Television Festival and the Beijing-based CSM Media Research Company forecast China's TV shopping sales would hit 20 billion yuan this year.
(Shanghai Daily June 26, 2008)