www.chinaservicesinfo.com

News

China remains world's largest online retail market: ministry

Updated: Jan 21, 2021 Xinhua Print
Share - WeChat
Livestreamers promote local farm products in Miaomiaohu village of Pingluo county, Ningxia Hui autonomous region, on June 14, 2020. [Photo by Chen Zebing/For China Daily]

BEIJING -- China's online retail sales of goods rose 14.8 percent year-on-year to 9.8 trillion yuan (about $1.5 trillion) in 2020, data from the Ministry of Commerce showed Tuesday.

China has ranked the largest online retail market in the world for eight years in a row, the MOC said, noting that online retail sales accounted for 24.9 percent of the country's total retail sales volume last year.

Surging online sales boosted the courier sector, with a total of 83.36 billion parcels being delivered through the year.

In 2020, e-commerce sales via livestreaming also gained popularity, with more than 20 million livestreaming marketing activities taking place.

The MOC data also showed that the country's imports of consumer goods increased by 8.2 percent year-on-year to 1.57 trillion yuan.

Copyright©2024 China Daily. All rights reserved.

京ICP备13028878号-6

京公网安备 11010502032503号 京公网安备 11010502032503号