xpj体育登录:China's largest online shopping spree gets greener

发布时间: 2021-11-10 10:59 | 来源: Xinhua | 作者: | 责任编辑: 江虹霖

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-- With the 13th China's Singles' Day approaching, the retail presales are looking impressive.

-- The annual event quickly grew into a major shopping spree.

-- The festival is no longer simply a consumption extravaganza but also a platform for promoting the concept of building a better life.

HANGZHOU, Nov. 9 (Xinhua) -- With the 13th China's Singles' Day approaching, the retail presales are looking impressive, as are the event's support for green consumption and the healthy development of e-commerce platforms.

The annual event, which falls on Thursday, was first started by Alibaba's e-commerce platform on Nov. 11, 2009, and quickly grew into a major shopping spree. However, it now carries additional connotations, thanks to enterprises' growing awareness of social responsibility and the country's detailed regulatory policies.

Also known as Double Eleven, the festival is no longer simply a consumption extravaganza but also a platform for promoting the concept of building a better life, according to Chris Tung, chief marketing officer at Alibaba Group.

Aerial photo taken on Nov. 2, 2021 shows unmanned express delivery vehicles running on campus of the University of South China in Hengyang, central China's Hunan Province. (Photo by Cao Zhengping/Xinhua)

According to Hu Qimu, chief researcher at Tianyi Digital Economy Institute, stricter supervision will not dampen the vitality of the consumer market, but will contribute to the industry's healthy development, so that society can better enjoy the dividends it generates.

Official data shows that retail sales of consumer goods, a pivotal part of the internal economic circulation, went up 16.4 percent year on year in the first three quarters this year, with online retail sales surging 18.5 percent.

This year's Singles' Day shopping spree is expected to invigorate the consumer market and promote consumption upgrading, said Li Zhengbo, an expert with the China International Electronic Commerce Center, under the Ministry of Commerce.

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