G Sachs Expects 2024 CN E-commerce Sales to Rise 8% YoY

　　Goldman Sachs released a research report saying that China is now one of the online retail markets that has the highest penetration rate, according to CNS.

　　Goldman Sachs expected that China's online retail penetration rate will increase by 120 bps YoY this year, and that e-commerce sales will grow by 8% to US$1.7 trillion.

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