Taobao is China’s largest online shopping platform and today is its 10th birthday, so what better way to commemorate the occasion than an infographic?

According to the stats, in 2013 the Chinese are expected to spend more than £177 billion shopping online making it the world’s largest ecommerce market.

And despite the fact that internet penetration is just 40% in China, the country’s online population is still 242 million people.

For more information on this topic check out our Digital Market Landscape Report which focuses on the emerging market in China, or read our interview with Net Media Planet on how European businesses should approach paid search in the country.

And without further ado, here’s this week’s top infographic which comes courtesy of Alibaba

The state of ecommerce in China