Home / Knowledge / News / Apparel/Garments / Steady growth in China's e-com sector: Report

Steady growth in China's e-com sector: Report

06
Oct '18
Steady growth in China
A steady growth in China’s e-commerce sector continues as online shops further integrate with physical stores, according to 100ec.cn, which said new retail and social e-commerce have become the driving forces for the boom. In the first half of 2018, total retail sales of consumer goods in China reached 18 trillion yuan, up 9.4 per cent year-on-year.

Online retail market transactions rose 30.1 per cent in the period to 4.08 trillion yuan, or 22.7 per cent of the total, a report by the e-commerce research platform said.

Big e-commerce companies have shifted attention from online to offline and brought a new, multi-functional shopping experience to customers, an upgrade in the retail sector, a Chinese government news website quoted director of 100ec.cn Cao Lei as saying.

E-commerce on social networking platforms is rising as well in the retail industry as people increasingly use mobile phones and tablets to replace computer-based online shopping, so group-buying has gained traction, according to Cao.

The number of online shoppers in China in the first half of 2018 totaled 569 million users, an increase of 10.2 per cent over the same period in 2017, even as growth in the online shopping population gradually slowed, the report added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 7th Aug 2020

Bangla RMG units' orders saw 81% contraction in Apr: WTO

The pandemic has exposed Bangladesh's garment sector's sensitivities...

Pic: Shutterstock

Apparel/Garments | On 7th Aug 2020

Egypt's garment exports decline 24% in H1 2020

Exports of readymade garments from Egypt fetched $614 million in the...

Pic: Shutterstock

Apparel/Garments | On 7th Aug 2020

Turkish textile-garment sector seeks govt aid: ITKIB

Turkey's textile and garment industry has urged the government for...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Spokesperson, Hugo Boss

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Fan Liyuan,

Fan Liyuan

Chinese company Jiangsu Yingyang Nonwoven Machinery, established in 1993,...

Mehul Vithalani,

Mehul Vithalani

Gopi Knitts is one of the most celebrated manufacturers and suppliers of...

Fiorella Cattelan,

Fiorella Cattelan

With flexibility and versatility, Dettin strives to meet the specific...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search