China’s e-commerce sales to reach $ 2 trillion by 2025

имофей орзенко

A staff member transports packages to a logistics center in Zhengzhou, central China’s Henan Province. Photo by Xinhua / Zhang Haoran.

China’s e-commerce market is expected to have a sales volume of nearly $ 2 trillion by 2025, according to a digital megatrends report released by FedEx Express, according to Xinhua News Agency reports.

“China, the world’s largest e-commerce market, is embracing important megatrends linked to digitization alongside its socio-economic growth”, – said the report.

These megatrends of China’s e-commerce industry are a diverse shopping experience, reimagined shopping patterns, smart cities and homes, connected consumers, shifting market boundaries, a sharing economy and time to share. purchase.

“COVID-19 has been a catalyst for the growth of electronic commerce around the world. E-commerce is expected to grow an average of 47% over the next five years globally. The Asian market leads with 51%, followed by Europe and the North. America”, – according to the report.

“The promising outlook creates vast growth opportunities for logistics companies”, – said Kawal Preet, president of Asia Pacific, Middle East and Africa region at FedEx Express.

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