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E-mail Xinhua, January 12, 2024
A woman hosts a livestreaming show at her own flower field in Qujing, southwest China's Yunnan Province, Feb. 12, 2023. [Photo/Xinhua]
China has remained the world's largest online retail market for 11 consecutive years, the Ministry of Commerce (MOC) said Thursday.
China's e-commerce transaction volume totaled 43.83 trillion yuan (about 6.17 trillion U.S. dollars) in 2022, up from 31.63 trillion yuan in 2018, MOC spokesperson Shu Jueting told a press conference.
Shu said that online retail sales of physical commodities accounted for over 25 percent of the country's total retail sales of consumer goods, adding that the e-commerce sector has become a new engine for digital transformation.
Over the past five years, the number of people working in the e-commerce sector in China has surged from 47 million to more than 70 million, while its Silk Road e-commerce cooperation has extended to 30 countries, according to the ministry.
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