Instant retail sales to exceed 1 trillion yuan in China

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Instant retail sales in China will exceed 1 trillion yuanThe China Chain Store Association (CCFA) has released the 2022 China Instant Retail Development Report.The China Chain Store Association (CCFA) has released the 2022 China Instant Retail Development Report. The report predicts that the instant retail market will exceed 1 trillion yuan by 2026. Between 2020 and 2021, the annual growth rate of the Chinese instant retail market has remained at 80 to 100 percent and will continue to grow at a high rate in the coming years. was recorded. The instant retail market is said to exceed 1 trillion yuan by the end of 2026. Instant retail lead times, from online ordering by consumers to product delivery to consumers, are typically managed within an hour, and in most cases delivery can be completed within 30 minutes. In addition, the instant retail service radius is usually 3-5 kilometers.

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