CGTN published this video item, entitled “The growth of livestreaming sales in China” – below is their description.
For more: https://www.cgtn.com/video China embraced its first Double 11 online shopping frenzy since the COVID-19 outbreak, as the Chinese economy continues to bounce back from the slump caused by the pandemic. Tmall orders peaked at 583,000 per second, setting a new record for sales. The Chinese-version Black Friday was initiated in 2009 by Alibaba and soon became a major yearly shopping spree. So, what’s different about this year’s promotional activities carried out by online retailers? How is the livestreaming sales industry growing in China? And how will an expansion of domestic demand help meet the country’s new development needs?
CGTN YouTube Channel
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