China has remained the world's largest online retail market for the 13th consecutive year, with digital consumption between 2021 and 2025 exceeding 23.8 trillion yuan ($3.39 trillion). China's online retail sales jumped 8.6 percent year on year to 15.97 trillion yuan in 2025. Within that, online retail sales of physical goods rose 5.2 percent to 13.09 trillion yuan, while live-streaming transaction value increased by 11.3 percent. Watch the video to learn more about how China's online retail sector is driving consumption upgrades.