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China Releases 14th Five-Year Plan for E-Commerce Development
10 November 2021
Business Advisory Unit, HKTDC Research
China recently released a plan for the development of e-commerce during the 14th Five-Year Plan period. The country’s e-commerce turnover is expected to increase from RMB37.2 trillion in 2020 to RMB46 trillion by 2025, while online retail sales will rise to RMB17 trillion from RMB11.8 trillion.
- Mainland China