男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's e-commerce market size tops the world

By Sun Chi | chinadaily.com.cn | Updated: 2020-07-16 11:33
Share
Share - WeChat
Li Jiaqi, a well-known Chinese blogger and livestream host, who endorses beauty products through livestreaming, applies a lipstick during a live broadcast on the Taobao platform in Shanghai. [Photo by Niu Jing/For China Daily]

China's e-commerce market size was the biggest in the world, according to the E-Commerce in China 2019 report released recently by the Ministry of Commerce, the People's Daily overseas edition reported on Thursday.

As per the report, there were more than 900 million online shoppers in 2019. Total transaction volume of e-commerce reached 34.81 trillion yuan ($4.98 trillion), among these, retail sales stood at 10.63 trillion yuan, up 16.5 percent year-on-year. Online retail sales of physical commodities registered 8.52 trillion yuan in 2019, rising to 20.7 percent of the total retail sales of consumer goods.

Since 2020, due to the impact of the COVID-19 outbreak, e-commerce platforms have registered more volume. They not only have met the demand from the consumption side but also provided strong support for merchants and firms to keep afloat.

The trend for online-and-offline integration driven by e-commerce is increasingly prominent, a leading official from the Department of Electronic Commerce and Information of the Ministry of Commerce said when explaining the report, with catering enterprises and retail stores dynamically exploring online market space and traditional brick-and-mortar economies trying to go digital. Internet retails' expansion into smart production and e-commerce platforms' digital connection with each part in the industrial chains significantly boost efficiency in the supply chains and industrial transformation and upgrading.

The boom of e-commerce creates jobs. As per the report, employees in the e-commerce sector reached 51.26 million in 2019, up 8.29 percent year-on-year, among them, 31.15 million people were at a position directly related to e-commerce, 20.11 million people were at a position related to information technology and other industries serving or supporting the e-commerce.

The development of e-commerce drove up the sales of related hardwares. Data from the Ministry of Industry and Information Technology showed firms above designated size in the electronic information manufacturing industries saw increase in both operation revenue and profit in the first five months, among these, computer manufacturing saw operation revenue growth by 6 percent and benefit grow by 41.6 percent.

The country's success in e-commerce is attributable to three reasons: First, the county's rapid economic growth lets consumption power upgrade constantly, forming a huge market space. Second, e-commerce fills precisely the supply insufficiency for consumption demand in rural areas. Third, the deepening in reform in recent years have created sound environment for startups and innovations, boosting the sharp rising for a batch of e-commerce firms such as Alibaba, JD, Suning and Pinduoduo.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 锦屏县| 从化市| 大邑县| 灵丘县| 比如县| 乡宁县| 库尔勒市| 铜鼓县| 宕昌县| 山东省| 和田县| 武义县| 嵩明县| 封开县| 读书| 天台县| 云和县| 阳春市| 临西县| 襄城县| 涪陵区| 石渠县| 耿马| 喀喇沁旗| 柳江县| 南开区| 土默特右旗| 柳林县| 旬邑县| 且末县| 仁化县| 鄂伦春自治旗| 交口县| 彝良县| 库车县| 罗江县| 华安县| 烟台市| 松阳县| 吉木乃县| 揭西县|