Electronic CommerceOnline shopping

Development report of online retail market in 2020 From Ministry of Commerce

The following is the Development report of online retail market in 2020 From Ministry of Commerce recommended by recordtrend.com. And this article belongs to the classification: Electronic Commerce, Online shopping.

In the past year, the development of online retail market continued to improve, and the market scale reached a new high. According to the data of the National Bureau of statistics, in 2020, the national online retail sales will reach 11.76 trillion yuan, a year-on-year increase of 10.9%, and the online retail sales of physical goods will reach 9.76 trillion yuan, a year-on-year increase of 14.8%, accounting for nearly a quarter of the total retail sales of social consumer goods. The role of online retail in promoting consumption, stabilizing foreign trade, expanding employment, and protecting people’s livelihood will continue to strengthen, in order to form a domestic circulation The new development pattern of promoting each other in the dual cycle of China, the United States and the world has contributed new vitality.

On the whole, China’s online retail market will present the following characteristics in 2020:

First, the transformation of new and old kinetic energy has been accelerated, and the momentum of consumption upgrading has not been reduced. In the face of complex and severe challenges, China’s online retailing has shown full resilience, taking the initiative to turn crisis into opportunity, and driving the transformation of new and old kinetic energy by innovation. With the rapid development of new business forms and new models, the number of live shows of e-commerce platform has exceeded 24 million, and the sales of online education has increased by more than 140% year on year, The number of online medical patient consultation increased by 73.4% on a year-on-year basis; large-scale online shopping promotion activities such as “Shuangpin Online Shopping Festival”, “618”, “Shuangxi” and now being held “online New Year’s festival” promoted the release of demand and strongly stimulated the market growth; the consumption heat of green, health, “home scene” and “home economy” was highlighted, with fitness equipment, health food, disinfection and sanitary products, and medium and high-tech products The growth of end kitchen appliances and pet products exceeded 30%; online and offline integration accelerated, and e-commerce enterprises accelerated the transformation and upgrading of enabling offline entities.

Second, cross border e-commerce continued to make efforts to vigorously promote the development of foreign trade. According to customs statistics, in 2020, China’s cross-border e-commerce imports and exports will reach 1.69 trillion yuan, an increase of 31.1%. The rapid development of cross-border e-commerce benefits from a series of favorable policies. In 2020, China’s “Silk Road e-commerce” cooperation with 22 countries continues to deepen, and the achievements of bilateral cooperation are accelerated; 46 new cross-border e-commerce comprehensive test zones are added, and “9710” and “9810” cross-border e-commerce B2B export trade modes are added to promote customs clearance facilitation; the “cloud” holding of exhibitions such as Canton Fair opens up a new channel for foreign trade development.

Third, the quality of rural e-commerce has been improved and upgraded, and e-commerce has been continuously deepening. Business big data monitoring shows that in 2020, China’s rural online retail sales will reach 1.79 trillion yuan, up 8.9% year on year. E-commerce accelerates the industrialization and digital development of enabling agriculture, and a series of agricultural products adapted to the e-commerce market continue to sell well, effectively promoting rural revitalization and poverty alleviation. The Ministry of Commerce continued to carry out the certification of “three products and one standard” of agricultural products, held talks on brand promotion of agricultural products, and promoted the development of agricultural products. The related work of “prospering agriculture through digital commerce” will continue to make efforts in the new infrastructure construction and talent training of rural e-commerce.

In the process of novel coronavirus pneumonia outbreak, the electric business enterprises have innovating new methods and modes, such as contactless distribution, intelligent logistics, direct seeding electricity providers and so on, playing an important role in ensuring the supply of living materials and medicines and emergency medical supplies.

The Ministry of Commerce will continue to pay attention to the e-commerce market dynamics, help online enterprises solve their difficulties in a timely manner, and jointly do a good job in market supply guarantee.

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button