BEIJING (XINHUA) – It is estimated that China’s online retail sales of farm produce achieved a rise of about 10 per cent in 2022, as the agriculture sector further embraced the booming e-commerce market.
The robust agriculture e-commerce business is being built upon the country’s growing farm produce processing industry.
This industry is estimated to log an increase of about four per cent in the revenue of major firms in 2023, Ministry of Agriculture and Rural Affairs official Zeng Yande told a media conference yesterday.
Over 16,000 facilities for refrigerating and preserving agricultural products were built last year, Zeng said.
Official data showed on Tuesday that China’s online retail sales expanded four per cent year-on-year in 2022 to nearly CNY13.8 trillion – consolidating its status as the top online retail market on the planet.