According to the Ministry of Commerce, the online retail sales of China in the first half of 2019 reached 4.82 trillion yuan, up by 17.8% from a year ago.

The trend of consumption upgrading is very obvious. According to the data, the upgrading consumption of cosmetics, smart furniture and health food have been growing very fast, the growth rate of which surpassed 30%.

The development potential of rural e-commerce is big. The retail sales of rural e-commerce reached 777.13 billion yuan, up by 21%.

The growth rate of cross-border e-commerce platform surpassed 20%. Based on the source of products, Japan, America and South Korea topped the ranking. (Source: http://sc.stock.cnfol.com)

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