In July, the online retail sales of physical goods increased by 8.3% year-on-year, with a 3.6 percentage point acceleration on a month-on-month basis.

Wisdom Financial APP learned that the China National Business Information Center has released the "Analysis of the Operation of the Consumer Market in July 2025". In July, the online retail sales of physical goods increased by 8.3% year-on-year, with growth accelerating by 3.6 percentage points compared to June. From January to July, the online retail sales of physical goods totaled 7.079 trillion yuan, an increase of 6.3%, with growth faster than the first half of the year by 0.3 percentage points. The proportion of online retail sales of physical goods in the total retail sales of consumer goods was 24.9%, unchanged from the first half of the year. In the first seven months, the online retail sales of physical goods for food, clothing, and daily necessities increased by 14.7%, 1.7%, and 5.8% respectively.