Beijing has solidified its position as the world’s largest online retail market for the 13th consecutive year, according to insights from the National E-commerce Work Conference held in the capital on January 13 and 14. The conference revealed that China’s total digital consumption has surged past 238 trillion yuan, underscoring the nation’s dominance in digital commerce.
Since the launch of the 14th Five-Year Plan, China’s e-commerce sector has achieved remarkable high-quality growth. This progress has become a powerful engine for fostering new productive forces and plays a pivotal role in building a new development paradigm. Industry leaders highlighted how digital platforms are driving innovation across multiple sectors.
A standout feature is the deep integration of data with real-world applications. Over 1,500 matchmaking initiatives have connected nearly 10,000 enterprises with e-commerce opportunities since the plan’s inception. These efforts have upgraded traditional industries, bridged online and offline channels, and fostered mutual promotion between them.
Openness and collaboration have also expanded significantly. China now boasts 36 partner countries under the ‘Silk Road E-commerce’ initiative. Programs like ‘Benefiting the World’ allow global participants to tap into China’s vast e-commerce ecosystem, promoting win-win partnerships and international trade growth.
This sustained leadership reflects China’s strategic investments in technology, infrastructure, and policy reforms. As global e-commerce evolves, Beijing’s model continues to set benchmarks for scalability and innovation, influencing markets worldwide.