2020-10-30
Online retail sales reached 4.82 trillion yuan in the first half of the year, and cosmetics grew by more than 30%.
Online retail sales reached 4.82 trillion yuan in the first half of the year, and cosmetics grew by more than 30%.
China's online retail market maintained rapid growth in the first half of the year, with nationwide online retail sales reaching 4.82 trillion yuan, up 17.8 percent year on year and 2.5 percentage points faster than the first quarter. According to business Big Data monitoring, B2C retail sales accounted for 75.8% of China's online retail sales, up 4.1 percentage points from the same period last year.Among them, the sales of cosmetics, smart home, health care products and other upgraded consumer goods grew rapidly, with the year-on-year growth rate exceeding 30%.In the first half of this year, the retail import volume of major cross-border e-commerce platforms increased by more than 20% year-on-year. In terms of categories, cosmetics ranked first, accounting for 34.8%.
Recently, the State Administration for Market Regulation issued a notice to solicit public opinions on the Measures for The Administration of Serious Violations and Dishonesty (Draft Amendment), and ordered cosmetics enterprises to suspend production or business for rectification; Those who produce or import unregistered cosmetics for special purposes or illegally add substances that may harm human health into cosmetics and are subject to administrative punishment by the responsible departments shall be included in the list of serious violations of laws and broken promises.
