China remains world’s largest online retail market for 11 years
China has remained the world’s largest online retail market for 11 consecutive years, the Ministry of Commerce (MOC) said Thursday. China’s e-commerce transaction volume totaled 43.83 trillion yuan (about 6.17 trillion U.S. dollars) in 2022, up from 31.63 trillion yuan in 2018, MOC spokesperson Shu Jueting told a press conference. Shu said that…