The Chinese ecommerce business is surging, according to a report by ecommerce company Alibaba.

The company’s annual ecommerce survey showed ecommerce sales grew by 4.3% in 2016 to $3.1 billion.

Analysts say the market is poised to grow another 4% to 6% over the next two years.

Alibaba chief executive officer David Zhang said that the Chinese e-commerce market, which has grown from about $1 billion in 2014 to $2.5 billion last year, is on a trajectory to surpass $20 trillion by 2021.

“This is a phenomenal time to be an e-retailer in China,” Zhang said at the China e-Commerce Summit, hosted by the World Economic Forum.

“It is the fastest growing market in the world.”

Alibaba says it has more than 50,000 retail stores in China.

China’s e-Retailers: China’s Top 10 Most-Prolific in 2017By Michael Bamberger / The Associated PressChina’s Alibaba Group Co., the world’s largest e-tailer, is a big player in China’s online shopping, a key driver of China’s economy.

But Alibaba’s growth is not limited to e-shop sales.

It has an array of services for retailers, from buying items online to buying goods from China’s most popular e-tailing service, Taobao.

Album sales are up in China, with Alibaba’s online sales growing 12% last year.

Taobao’s main business,, has more-than 200 million active users and has tripled in value over the past five years.

It’s a market that Alibaba is hoping to tap into with its e-store.

Its Alibaba e-stores are offering merchandise, apparel and electronics to more than 200 million people.

The Alibaba ecommerce portal is a massive platform for shopping that includes online shopping portals, and Taobaos sites have grown to more $100 billion in sales.

Albania’s largest online retailer, Ebay, has a market value of $11.5 trillion and is the largest ecommerce platform in the European Union.

China is a key player in the e-business, with about a quarter of global e-marketplaces.

Its e-trade platform has seen record growth, and it is now the world leader in online shopping and e-finance.

Its online shopping sites have become more popular with consumers, with a third of the world population now online shopping.

Its Alibaba eCommerce portal is among the top 10 most-profitable in the U.S. with revenue of $1.2 billion last quarter.

Its Taobay ecommerce site is second with $719 million in revenue.

In 2017, Taobs biggest rival, eBay, was worth about $2 billion.

Its EBay ecommerce sites have been one of the most successful in the history of the ecommerce industry.