The United States is the biggest online buyer of Chinese goods with China set to sell more than $10 billion of products through the Internet in the top five global markets, a report showed on Wednesday.

"As online shopping becomes increasingly popular in both emerging and developed markets, merchants in China are poised to embrace rapid business growth in the next five years," said PayPal, publisher of the report.

US Internet users will spend nearly 50 billion yuan ($8 billion) on purchasing goods made in China this year, making the country the top spender on Chinese goods, according to the report.