Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Most Searched: G20  CPC  South China Sea  Belt and Road Initiative  AIIB  

Online shopping continues to boom in rural China

Source: Xinhua   2017-03-02 18:48:59

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.

Editor: ying
Related News
           
Photos  >>
Video  >>
  Special Reports  >>
Xinhuanet

Online shopping continues to boom in rural China

Source: Xinhua 2017-03-02 18:48:59
[Editor: huaxia]

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.

[Editor: huaxia]
010020070750000000000000011100001360971161