Ministry of Commerce: By 2025, the online retail sales of digital products such as mobile phones and smart robots are expected to grow by 20.5% and 18%, respectively

The head of the Department of E-commerce of the Ministry of Commerce introduced the development of e-commerce in China by 2025. According to data from the National Bureau of Statistics, the online retail sales of physical goods nationwide are expected to grow by 5.2% in 2025, contributing 36.2% to the growth of total retail sales of consumer goods. According to monitoring by business big data, the online retail sales of digital products such as mobile phones and smart robots are expected to grow by 20.5% and 18%, respectively. E-commerce empowers service consumption, and business big data monitoring indicates that online service consumption will grow by 22% in 2025, with online ticket purchases for offline experiences in sports events, tourism products, and in-store dining expected to grow by 63.3%, 40.6%, and 23.7%, respectively