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JD has a record high turnover during the global shopping festival The famous Double 11 shopping festival just ended in China. Compared with last year, this year’s data continues to increase, and Chinese consumers’ enthusiasm for consumption remains unabated. The two leaders of e-commerce during this Double 11 is Tmall and JDcom. Pinduoduo did not…
After joining the World Trade Organization in 2008, China has become the world’s factory, foreign trade has developed rapidly, and the annual export growth is on average 1.5 times that of GDP, and foreign trade has become the fastest in the “troika”. Chinese export, as one of the troikas in driving economic growth, is severe…
Is the wave of China’s overseas real estate investment gradually receding? Paul Guan, a partner at Paul Hastings, a global law firm, said: “The demand for overseas acquisition no longer exists.” He guides Chinese institutional investors overseas in the real estate industry. Officials all know that the Chinese government has issued a clear signal that…
How to target Chinese bitcoins? First of all, what is Bitcoin? Bitcoin is a digital currency created in January 2009 as a consequence of the housing market crash. It was created by one or more hackers under the pseudonym Satoshi Nakamoto. Unlike other currencies, Bitcoin does not have a central bank behind it that distributes new money…
Unprecedented growth in china’s milk consumption in 2020 According to research by Euromonitor International, China is the second-largest dairy market after the United States. But it is estimated that by 2022 it will reach the United States becoming the largest dairy market in the world. With the development of China’s economy and the rise in…
The rise of the middle class in China has changed the consumption landscape patterns in China offering incredible growth opportunities to many industries such as the furniture market. The furniture industry is also benefiting greatly from the rise of eCommerce in China by offering to consumers the option to get rid of the complicated logistics…
Chinese cross-border market overview As the scale of e-commerce continues to expand, China’s e-commerce has entered a period of relatively stable development from a period of ultra-high-speed growth in 2016. However, China’s cross-border e-commerce continues to maintain growth. According to statistics from the General Administration of Customs, the total value of China’s cross-border e-commerce in…
Today China is a huge market, and in recent years, it is reigning as the world’s top mobile market, which reflects great opportunities for apps all around the world. The number of mobile phone in China has been skyrocketing since 2011, reaching a record high number of more than 1.25 billion users in April 2014….
As of the first quarter of 2020, about 904 million people had access to the internet in China. Since Chinese adults spend more than 6 hours and 23 minutes on various media every day, 55.5% of their time is spent on digital media, so KOL marketing is very important to influence the consumption habits of…
China is the most promising education tourism market With 662,100 Chinese students who went overseas in 2018, China is the biggest outbound education tourism market. The number increased by 11.74 percent compared to the previous year. The number of Chinese students going abroad to study keeps increasing. According to the Ministry of Education of China,…
Good question: what solution when you are a niche brand and still want to enter the Chinese market with a low-cost solution? What is Taobao? An online client in China care group does not merely address client questions — it likewise fills in as an individual customer and smaller scale influencer, impersonating the present well-known…
Supermarkets in China are becoming more and more prevalent. Most of these chains have shares held by foreign investments and only a few of them are fully domestic. China’s grocery retail market was forecast to grow by 32.6% by 2022. However, grocery retailers in China have been facing hard situations. There are a lot of…
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