China's online retail sales increased 11.5% YoY to 4.41 trillion yuan in Jan-April 2024.
China's online retail sales increased 11.5% year-on-year to 4.41 trillion yuan ($620.52 billion) in Jan-April 2024, with physical goods sales rising 11.1% to 3.74 trillion yuan. Online services consumption jumped 25.1% during the same period, and digital, green, and health commodities also saw growth. In April, online sales of home appliances and furniture increased 9.3% and 12.2% respectively.
May 21, 2024
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