Moxian, Inc. (NASDAQ: MOXC) Expects Increased Chinese Consumption to Drive its O2O Commerce Channel

Chinese consumers are spending more, and that harbors good fortune for Moxian, Inc. (NASDAQ: MOXC) as it continues to roll out its comprehensive online-to-offline (O2O) commercial platform. Consumption in China as a percentage of GDP is rising, and retail sales went up by about 10 percent in 2016. There’s no doubt that consumption is driving commerce and that the Moxian platform that links brick-and-mortar establishments to the cloud is at the hub of online and offline commercial activity.

Reuters (http://nnw.fm/Yf4xs) recently reported on data released by China’s statistics bureau that showed consumption accounted for about three-quarters of China’s economic growth in the first half of 2016. In the past, a lot of China’s GDP growth has come from capital investment and exports, and consumption since the Great Recession has been around 36 percent of GDP. The 2016 reported figure would indicate that the Chinese economy is on its way to becoming…

Read More >>

About NetworkNewsWire

NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s