An electronic screen shows sales on Alibaba's retail platforms hit 10 billion yuan (US$1.5 billion) at a gala staged by Alibaba for the Singles' Day shopping festival in Shenzhen. [Shanghai Daily]
Double 11 shows China's purchasing power and economic vitality
Double 11 is more than a brief Alibaba Phenomenon or online shopping phenomenon, because it embodies China's growing purchasing ability and its economic vitality.