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China e-Commerce +8.6% in Q1 2023

China e-Commerce +8.6% in Q1 2023

China’s e-commerce industry has grown rapidly in recent years, and a +8.6% beginning of 2023. Between January and March, total retail sales of consumer goods amounted to 11,492.2 billion yuan, marking a 5.8% increase year-on-yea Becoming an essential part of the country’s retail market. According to data from China Internet Watch, the retail sales of…