June 18 — China Economic Information Service and Meiwan released the China
Live‑stream E‑commerce Development Report (2026). The report says the sector is
accelerating iteration and has entered a refined, high-quality operations phase.
Domestic live‑stream e‑commerce transaction value exceeded 6 trillion yuan in
2025, up 20% YoY. The industry is shifting from broad traffic competition to
precision operations and has become a key driver of online retail growth.