Home / Business / Industries

China's online retail sales remain robust in Q1

Xinhua | Updated: 2017-04-26 09:03

BEIJING — China's online retail sales posted robust growth in the first quarter, reflecting a changing consumption pattern, official data showed.

Online retail volume reached over 1.4 trillion yuan ($200 billion) in the first three months of 2017, up 32.1 percent year-on-year and more than double the pace of total retail sales, data from the Ministry of Commerce (MOC) showed.

Online consumption of services such as tourism, dining and entertainment continued to rise, with sales of travel and take-away food rising by 64 percent and 163 percent respectively.

Chinese consumers spent more on high-end products such as upscale clothing, smart glasses and sensor-controlled vehicles.

Central and western regions posted stronger growth in online spending and online shoppers in third-and-fourth-tier cities. Rural areas also outperformed their counterparts in first-and-second-tier cities.

Alibaba and are expanding offline to improve the consumer experience with convenience stores as an emerging market, the MOC observed.

Most Viewed in 24 Hours
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