Chinese Online Retail Sales Surge over 14% in 2021, Account for Nearly 1/4 of Consumer Sales

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E-commerce flourished in China in 2021, posting double-digit growth as the COVID-19 pandemic continued to roil the global economy

China posted total online retail sales of 13.0884 trillion yuan in 2021, for an increase of 14.1% compared to 2020, according to figures released by the National Bureau of Statistics on 17 January.

Online sales of real commercial goods totalled 10.8042 trillion yuan, for YoY growth of 12.0%, accounting for 24.5% of all social consumer goods retail sales.