Gross domestic product (GDP) at current prices in China from 1985 to 2023 with forecasts until 2029 (in billion U.S. dollars) Market Size of China Retail Sector Industry - The China Retail Sector Market size is estimated at USD 1.94 trillion in 2024, and is expected to reach USD 2.87 trillion by 2029, growing at a CAGR of 8.17% during the forecast period (2024-2029). - China's robust economic growth and rising disposable incomes have fueled consumer spending and driven expansion in the retail sector. - Internet retailing is the modern way of shopping. With the growing penetration of smartphones, mobile devices, and internet services, e-commerce emerged as a major shopping platform worldwide. The retail e-commerce market is driven by an increasing set of suppliers selling online and a change in consumers' buying behavior, among others. - Increased Disposable Income of People is Driving the Market Salient Points: - 1) How big is the China Retail Sector Market? - The Chin