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China remains world's largest online retail market: ministry
CGTN
China has ranked the largest online retail market in the world for eight years in a row. /CFP

China has ranked the largest online retail market in the world for eight years in a row. /CFP

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

China has ranked the largest online retail market in the world for eight years in a row, the ministry 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 MOFCOM data also showed that the country's imports of consumer goods increased by 8.2 percent year on year to 1.57 trillion yuan. 

Source(s): Xinhua News Agency

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