On May 21, the Ministry of Commerce’s Department of E-commerce reported China’s e-commerce development from January to April 2024. National online retail sales reached 4.41 trillion RMB ($617.4 billion), up 11.5%. Physical goods online retail sales were 3.74 trillion RMB ($523.6 billion), up 11.1%, accounting for 23.9% of total retail sales. Cross-border e-commerce exports steadily increased. Network service consumption monitored by the ministry grew by 25.1%, with online travel up 77.6%, driven by new Chinese-style, county, and outbound tours. The trade-in policy boosted April's online sales of home appliances and furniture by 9.3% and 12.2%, respectively, accelerating from the previous month.