China's Ministry of Commerce reports that online retail sales in January-April amounted to 4.41 trillion yen, up 11.5% from a year earlier

The Ministry of Commerce of China announced the development of China's e-commerce (EC) in January-April 2024. Online retail sales across China in January-April increased 11.5% year-on-year.
Of this, online retail sales of physical goods increased 11.1% year-on-year to 3.74 trillion formers (approximately 82.6 trillion yen), outperforming total social consumer goods retail sales.
In terms of goods trade, the proportion of cross-border e-commerce exports has steadily increased. By product, communication equipment increased 20.2% year-on-year, energy-saving home appliances increased 20.2% year-on-year,
The Ministry of Commerce's key observations for January to April were:
The amount of spending on services increased by 25.1% compared to the same period last year. In particular, when looking at online travel sales alone, they increased by a large amount, by 77.6% compared to the same period last year. New China-style travel, small city travel, overseas travel
etc. proved popular.