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China's e-commerce sector saw sound growth momentum in the first two months this year, with online retail sales of physical goods rising by 5 per cent YoY, outpacing the 4-per cent growth of retail sales of consumer goods.
Artificial intelligence and the country's consumer goods trade-in programme have contributed to steady growth of the sales of online goods, the commerce ministry said.

China's e-commerce sector witnessed sound growth momentum in the first two months this year, with online retail sales of physical goods rising by 5 per cent year on year (YoY), outpacing the 4-per cent growth of retail sales of consumer goods, according to the ministry of commerce.

Artificial intelligence and the country's consumer goods trade-in programme have contributed to steady growth of the sales of online goods, with humanoid robots and other embodied intelligent products emerging as new highlights in digital consumption, a state-controlled media outlet cited the ministry as saying.

Fibre2Fashion News Desk (DS)

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