Most tech businesses based in Beijing are at the forefront of executing video conferencing and remote working. Beijing is the hub of the digital economy with a high countrywide consumption development rate of telecommunication items. Compared to other areas, workers are efficiently going back to work in Shanghai, Zhejiang, and Jiangsu. For instance, there was a 94.6% increase in the sale of office items in Hangzhou, Zhejiang.
For Suzhou and Nanjing in Jiangsu province, these sales rose by 50% and 70% in these regions. As the Chinese processing hub, the Pearl River Delta/ South China has led the nation in terms of office product sales. According to JD Big Data, sales associated with the resumption of work increased in February, particularly in Shenzhen and Guangzhou. For instance, the sales of office items grew in Shenzhen and Guangzhou and attained the highest record.
In the middle of February, the majority of these sales were at their pick. There was a stability window in March, especially in major cities throughout southwest China in Chongqing and Chengdu. The cash register sales grew five-fold in mid-March in comparison to the start of February. This demonstrated the quick resumption of brick-and-mortar retail stores across the area. The northwestern region of China had less prominent office product sales in comparison to the eastern part.
Nonetheless, orders associated with offline work resumption proceeded to increase. The cash sales register in shops based in Xian city increased in mid-February and became the top average nationwide. Northeast China showed an increase in demand with the resumption of offline businesses. For instance, at the start of March, the cash sale registers from Shenyang increased eight times. The sale of telecommunications products from Dalian increased by 30% every month while Changchun experienced an 80% increase in the sale of electric lunch boxes.
JD Big Data also included major office districts in a few cities and discovered that the monthly office product sale was higher in nearly 40 cities. Records indicate that the work resumption rate in March was considerably higher than in February. People went back to their normal trend of having their items delivered to their workplaces. The sale of cash registers began increasing at the start of February all the way to early March. Within this period, there was a 68% increase in these office products.
Renovation services went up by 263% in terms of transaction volume. During this period, infrastructure and construction materials had a 33% increased month-on-month. This indicated that most people turned to digital renovation companies and placed their orders. JD Home assisted renowned renovation service providers and designers such as Boloni, B&Q, and Dabanjia during the pandemic.
The JD Live channel offered more than 100,000 families free internet design services. JD Home was the inspiration behind 1000 design and renovation live streams throughout February.
Within the pandemic period, this subsidiary chose 18 renovation traders as partners. This included many offline shops that would offer renovation quotes and advice. The offline shops also provided an insurance service for three months.
Normally, spring is the ideal season for renovations. Given the gradual eradication of the COVID-19 pandemic, the renovation market is projected to resume its activities soon completely. Consumption associated with the resumption of classes throughout the nation is expected to contribute to an increase. This follows the reopening of middle and primary schools in the country.
A Brief History
JD Big Data reveals that there was a 95% year-over-year increase in the transaction volume for laptops purchased by students in the early part of February. Generally, there was a 77% increase year-over-year in the laptop demand. Game-related and handicraft books also experienced a 200% increase year-over-year during the same period. Education books for preschoolers experience a 100% increase YOY.