Views: 0 Author: Site Editor Publish Time: 2019-08-29 Origin: Site
During the first half, B2C online retail accounted for about 75.8 percent of the online retail market, a 4.1 percentage points rise from the same period last year. Specifically, sales of consumer goods such as cosmetics, smart homes and healthcare products increased rapidly, with year-on-year growth exceeding 30 percent.
Chinese major e-commerce platforms continued to break records in online sales during this year's June 18 shopping festival from June 1 to 18. JD said sales for the 18-day festival period hit a staggering 201.5 billion yuan, compared with 159.2 billion yuan in 2018.
Alibaba also reported strong sales for the annual shopping event, with more than 110 brands on its Tmall platform reporting a turnover of over 100 million yuan.
Statistics from the Ministry of Commerce showed online retail sales in rural areas reached 777.13 billion yuan in the first half of this year, up 21 percent year-on-year. Agricultural products' online retail sales amounted to 187.36 billion yuan in China in the first half, with a year-on-year increase of 25.3 percent.