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China's Online Retail Sales Reached 1025.1 Billion in The First Quarter of 2016



China's Online Retail Sales Reached 1025.1 Billion in The First Quarter
On April 15, the Information Office of the State Council held a news conference, China's National Bureau of Statistics spokesman Sheng Laiyun said, the operation of the national economy in the first quarter of 2016, in the first quarter, Chinese online retail sales 1025.1 billion yuan, grew 27.8%.
In the first quarter, the total retail sales of social consumer goods 7802.4 billion yuan, representing a nominal increase of 10.3% (after deducting price factors, the actual growth of 9.7%), the annual growth down 0.4% higher than the previous year, up 0.1% higher than in January and February of this year. Among them, the amount of retail sales of units above the limit of 3462.5 billion yuan, grew 8%. According to the location of the business unit, urban retail sales of consumer goods 6692 billion yuan, an increase of 10.2%, rural consumer goods retail sales of 1110.5 billion yuan, an increase of 11%. By consumption type, food and beverage revenue 830.2 billion yuan, an increase of 11.3%, retail sales of 6972.2 billion yuan, an increase of 10.2%, of which limit the amount of units of goods retail 3257.9 billion yuan,an increase of 8%. In March, total retail sales of social consumer goods grew by 10.5% (excluding price factors increased by 9.7%), an increase of 0.85%.

In the first quarter, the national online retail sales reached 1025.1 billion yuan, an increase of 27.8%. Among them, the real goods online retail sales of 824.1 billion  yuan, an increase of 25.9%, the proportion of total retail sales of social consumer goods is 10.6%.

-----by National Bureau of Statistics of the People's Republic of China 

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