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 shopping continues to boom in rural China

March 03, 2017


Abstract : Online shopping is thriving in rural China, with last year's transactions reaching 894.54 billion yuan (130 billion U.S. dollars), a Ministry of Commerce (MOC) official said on Thursday.

BEIJING, March 2 (Xinhua) -- Online shopping is thriving in rural China, with last year's transactions reaching 894.54 billion yuan (130 billion U.S. dollars), a Ministry of Commerce (MOC) official said on Thursday.

The figure accounted for 17.4 percent of total online sales nationwide, said MOC spokesperson Sun Jiwen at a briefing.

MOC data showed that online purchases in rural areas reached 353 billion yuan in 2015.

Booming rural e-commerce has played a positive role in boosting rural economic development, increasing farmers' income and improving their lives, according to the MOC.

The MOC vowed to continue promoting rural e-commerce, and efforts will be made to strengthen resource sharing, financing and credit system services.

To boost rural e-commerce, China plans to have full broadband coverage in villages and expedite construction of logistics infrastructure.

China aims to expand its e-commerce market and integrate it with more sectors to boost economic growth and employment.

The world's largest and fastest-growing e-commerce market is expected to expand transactions to more than 40 trillion yuan by 2020, up from 21.8 trillion in 2015, according to the 2016-2020 e-commerce development plan released last year.

Scan the QR code and push it to your mobile phone

Keyword: China-Rural online-shopping

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