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China's e-com trade volume 31.63 trillion yuan in 2018

31
May '19
China
China's e-commerce trade volume reached 31.63 trillion yuan ($4.58 trillion) in 2018, according to a report released recently at the China International Big Data Industry Expo 2019 in Guiyang, capital of southwest China's Guizhou province. Over 9 trillion yuan of online retail sales was conducted and online payment exceeded 200 trillion yuan last year.

More than 50 billion packages were delivered last year in China. The total import and export volume of cross-border e-commerce reached 134.7 billion yuan over the same period, a news agency reported.

By the end of last year, the number of people working in e-commerce reached 47 million, the report said.

The four-day expo will end on May 29. (DS)

Fibre2Fashion News Desk – India


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