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

Online retailing spurs China's rural consumption upgrade: report

May 06, 2021


Abstract : Online retailing is changing the supply structure of goods and services in China's rural areas and accelerating rural consumption upgrade, an industry report said.

BEIJING, May 5 (Xinhua) -- Online retailing is changing the supply structure of goods and services in China's rural areas and accelerating rural consumption upgrade, an industry report said.

As rural infrastructure continues to improve and big e-commerce platforms start targeting rural customers, more high-quality products are available for consumers in rural areas, the Academy of China Council for the Promotion of International Trade said in the report.

Data showed rural residents are nowadays more inclined to buy home appliances and digital products online, said the report.

Rural residents expand the sales channel of agricultural products through online retailing and earn more money, thus leading to robust growth of rural consumption, said the report.

In the January-March period, rural online retail sales reached 439.79 billion yuan (about 68 billion U.S. dollars), increasing 35.3 percent from a year earlier, according to data released by the Ministry of Commerce.

Online sales of agricultural products amounted to 105.58 billion yuan in the same period, representing a year-on-year growth of 4.9 percent, the ministry said. Enditem

Scan the QR code and push it to your mobile phone

Keyword: rural consumption online retailing

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