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Online retail sales of physical goods in China in 2021 is 10.8 trillion yuan

January 29, 2022
Source: eminetra.com eminetra.com
News Snapshot:
[Life Style] Online retail sales of physical goods in China in 2021 is 10.8 trillion yuan GaoFeng, a spokesperson for MOC, said that online retail sales of physical goods accounted for 24.5% of total retail sales of consumer goods and contributed 23.6% of retail sales growth of consumer goods in 2021. Said. According to official media reports, the steadily growing online retail market has become an important force in stabilizing growth, employment and consumption, he said. According to the Ministry of Commerce (MOC), online retail sales of physical goods in China reached 10.8 trillion yuan in 2021, exceeding the threshold...
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Tags: China | Chinese | consumer | currency | e-commerce | employment | media | Ministry of Commerce | news | online | online retail | quality | Renminbi | retail | sales | Total | Yuan

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