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)