Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

S.China Haikou sees online trade volume reaches RMB117.07 bln in Jan.-Sept.

October 27, 2020


Abstract : Haikou, the capital city of China's southern island province of Hainan, reported 117.072 billion yuan of online trade volume in the first three quarters, up 2.39 percent year on year, showed official data from local authority Sunday.

海南线上直播.jpg

Photo taken on October 16, 2020 shows local agricultural products being sold through live-streaming platform in Haikou, capital of south China's Hainan Province. (Source: hinews.cn)

HAIKOU, Oct. 27 (Xinhua) – Haikou, the capital city of China's southern island province of Hainan, reported 117.072 billion yuan of online trade volume in the first three quarters, up 2.39 percent year on year, showed official data from local authority Sunday.

Statistics showed that during the period, more than 111,000 e-commerce entities in Haikou created 290,900 local jobs, and the number of online parcels delivered reached 44.9 million.

The city's online retail sales surged 18.93 percent year on year to 26.937 billion yuan in the first three quarters, accounting for 50.63 percent of Hainan's total online trade volume.

Meanwhile, the online trade volume of bulk commodities and Business to Business (B2B) transactions in Haikou reached 90.134 billion yuan in the first nine months, accounting for 76.99 percent of the total online transaction volume in the period.

The physical type of online retail shows strong performance, achieving a retail sales volume of 23.582 billion yuan, accounting for 87.55 percent of Haikou's total online trade volume in the period.

In the first nine months alone, Haikou's online agricultural retails amounted to 5. 599 billion yuan, an increase of 40.46 percent over the same period last year, of which jackfruit, coconut, and wax apple were the best sellers.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

Scan the QR code and push it to your mobile phone

Keyword: e-commerce Hainan online sales

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial