China sees online retail sales worth $1.92 trn in Jan-Nov 2024
China saw online retail sales worth 14 trillion yuan ($1.92 trillion) in the first 11 months this year—up by 7.4 per cent YoY, according to the National Bureau of Statistics.
Among those, sales of physical commodities grew by 6.8 per cent YoY during the period.
Ministry of commerce data show sales of industrial e-commerce platforms with a scale above 10 billion yuan rose steadily in the period.
China saw online retail sales worth 14 trillion yuan ($1.92 trillion) in the first 11 months this year—up by 7.4 per cent YoY, according to the National Bureau of Statistics.
Among those, sales of physical commodities grew by 6.8 per cent YoY during the period.
Ministry of commerce data show sales of industrial e-commerce platforms with a scale above 10 billion yuan rose steadily in the period.
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