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China's online sales hit $499.6 bn in Q1 2025, led by trade-in push

23 Apr '25
1 min read
China Q1 online sales hit ~$499.6 bn, led by trade-in push
Pic: Shutterstock

Insights

  • China's e-commerce sector grew steadily in Q1 2025, supported by pro-consumption policies like a major trade-in programme.
  • Online retail sales hit 3.6 trillion yuan (~$499.6 billion), with physical goods up 5.7 per cent and digital product sales rising 7.4 per cent.
  • Over 10 e-commerce platforms helped bring quality foreign trade goods to domestic markets.

China's e-commerce sector witnessed steady growth in the first quarter of 2025 (Q1 2025), driven by government efforts to stimulate consumption, including a large-scale consumer goods trade-in programme.

Official data shows online retail sales reached 3.6 trillion yuan (~ $499.6 billion), with physical goods sales up 5.7 per cent year-on-year. Online digital product sales rose 7.4 per cent, a state-controlled news agency reported, citing the Ministry of Commerce.

The ministry noted strengthened collaboration between the government and enterprises to integrate domestic and foreign trade, with over 10 e-commerce platforms helping channel quality foreign trade goods into local markets.

Fibre2Fashion News Desk (HU)

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