Number of China's e-commerce users rise by 100 million in one year
CGTN

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

The number of e-commerce users in China rose by 100 million compared with last year, and the number of stores on major online retail platforms went up 3.8 percent year on year, according to the Ministry of Commerce (MOC).

E-commerce has shown strong vitality and resilience, and has played an important role in fighting COVID-19, ensuring the supply of materials, assisting in the resumption of work, and promoting the replenishment of consumption, said MOC spokesperson Gao Feng at a press conference on Thursday.

The country's online retail sales reached 5.15 trillion yuan (about 736.7 billion U.S. dollars) in the first half of 2020, up 7.3 percent year on year, according to the MOC.

The growth rate of online retail sales increased for four consecutive months, with this June seeing year-on-year growth of 18.6 percent, said Gao, adding that e-commerce continued to be an anchor stabilizing the consumption market, with its scale expanding and its role becoming more prominent.

(With input from Xinhua)

(Cover: VCG)

TOP NEWS
Two years on, China's GCI becomes more vital in turbulent times
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Politics

07:29, 15-Mar-2025

U.S. expels South Africa's ambassador, calling him Trump hater
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

World

01:58, 16-Mar-2025

UK: 'coalition of willing' boosts preparations for post-truce Ukraine
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Europe

01:45, 16-Mar-2025