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MOFCOM Surveillance: CN 11M25 Retail Sales of Smart Wearables/ Robots Hike by 22.1%/ 19.4%
Recommend 34 Positive 54 Negative 11 |
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The person in charge of the E-commerce Department of the Ministry of Commerce of the People's Republic of China (MOFCOM) introduced the development of e-commerce in China for 11M25 showing that online retail is enhancing quality and unleashing domestic demand potential. During this period, key monitored platforms by the MOFCOM recorded digital product growth of 8.2%, with smart wearables and smart robots increasing by 22.1% and 19.4% each, and online service consumption growing by 21.7%. Data from the National Bureau of Statistics (NBS) shows that nationwide online retail sales grew by 9.1% for the period. AASTOCKS Financial News Website: www.aastocks.com |
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