online retail sales up 10 pct in 2022

China, the worlds largest online retail market for an eighth consecutive year, saw its annual online retail sales total 11.76 trillion yuan (about 1.82 trillion U.S. dollars) in 2022, up 10.9 percent year on year.

By December 2022, China was home to 782 million online consumers, that number up by more than 72 million compared with March 2022 and accounting for nearly 80 percent of the countrys internet-using population.

The figures were unveiled on Wednesday in a statistical report on Chinas internet development, issued by the China Internet Network Information Center.

Purchasing goods via e-commerce livestreaming platforms is popular in China, the report found.

Online sales of physical commodities reached 9.76 trillion yuan in 2022, accounting for nearly a quarter of all retail sales of consumer goods, according to the report.