Chinese E-Commerce Sales Grew One-Quarter in First 11 Months
Yicai Global | Xu Wei
DATE:  Dec 14 2018
/ SOURCE:  yicai

(Yicai Global) Dec. 14 -- China posted total online sales of CNY6.27 trillion (USD912 billion) for January to November, up 25.4 percent annually, though overall consumer sales growth has eased.

Overall retail sales in the period rose 9.1 percent to CNY34.51 trillion, while e-commerce accounted for 18.2 percent of the total, up 3.4 percentage points over the year-ago period. 

For November alone, total retail sales increased 8.1 percent to CNY3.53 trillion, down 0.5 percentage point from the growth rate in the month before. 

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