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E-commerce sales grow faster in rural China in H1

18
Aug '19
Pic: Shutterstock
Pic: Shutterstock
Rural China saw faster growth in e-commerce sales compared to urban areas in the first half (H1) of 2019, according to a statement from the ministry of commerce. Online retail sales in rural areas registered 777.1 billion yuan (approximately $113.6 billion) during January-June 2019, increasing at 21 per cent year-on-year, the statement said.

In comparison, China's nationwide e-commerce retail sales grew at 17.8 per cent year-on-year during the period under review. Thus, online retail sales in rural areas registered 3.2 percentage points higher rate than the nationwide growth rate. (RKS)

Fibre2Fashion News Desk – India


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