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With shopping habit of Chinese consumers going digital, China is experiencing an online shopping boom, according to new Nielsen data. China’s e-commerce industry is witnessing strong double-digit year-on-year growth, with foods and online sales of household items growing 86%. Beverage sales also increased 72% and food sales climbing 52%. While most Chinese consumers prefer their

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E-commerce has been growing rapidly in China in recent years, becoming a massive and lucrative market which no business can afford to ignore. CCTV will look at how Indonesian businesses are using Chinese e-commerce platforms to access a wider market. As the Indonesian Ambassador to China, Soegeng Rahardjo is no stranger to standing in front

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China’s cross-border e-commerce grew 30 percent in 2015 from 2014. That is in net contrast with China’s foreign trade, which declined 7 percent. The Ministry of Commerce expects cross-border e-commerce to continue to grow at a 30 percent pace in the next few years. There now are more than 5,000 cross-border e-commerce platforms across the

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UnionPay International announces on November 25 that it now initiates “40 Selected Tourist Destinations Worldwide” Preferential Program. From now to Feb. 29, 2016, global UnionPay cardholders (card number starting with 62) can enjoy various privileges with discount up to 15% at over 300 merchants worldwide. This program offers special offers not only at traditional merchants

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TOKYO — China UnionPay is racing to make its bank cards acceptable everywhere it wants to be around the globe. In Thailand, 70% of retail stores accept UnionPay cards. Though that makes it convenient for Chinese tourists, the company is seeking to spread the use among Thais. UnionPay hit the ground running toward that goal when

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SHANGHAI, Sept. 1, 2015 /PRNewswire/ — China Tourism Academy released a report recently, 2015 Annual Development Report of Chinese Outbound Tourism, indicating that the number of outbound travelers from China has exceeded 100 million for the first time, making China the single largest tourist exporting country in the world for three consecutive years. It is estimated that the growth momentum is

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The cumulative number of UnionPay cards issued globally has exceeded 5 billion and UnionPay has become Chinese residents’ preferred payment brand, Ge Huayong, Chairman of China UnionPay, said at the opening ceremony of 2015 Shanghai City Campaign in Milano on June 10. Ge said secure, convenient, preferential and innovative payment services are able to make life more convenient,

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UnionPay, the mainland’s dominant payment services provider, says it will focus on international online and mobile payment services to cater to Chinese tourists abroad. The new strategy comes amid a push by mainland internet giants Alibaba and Tencent into popular tourist destinations. “As the payment industry evolves with ever diversifying demands, UnionPay International [will] focus

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Online retail spending in China will exceed $1 trillion by 2019, according to a new forecast from Forrester Research, Inc., up from $307 billion in 2013. The China Online Retail Forecast 2014 – 2019 also estimates that spending via mobile will grow at 44.2% compound annual growth rate (CAGR), twice as fast as online sales,

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By PATRICK McGEEHAN Mayor Bill de Blasio may have diverged from his predecessor’s path several times in his first year in office, but when it comes to tourists, he has embraced Michael R. Bloomberg’s rallying cry: Keep them coming. Mr. de Blasio increased the city’s spending on tourism promotion in 2014 and is considering doing so again this year,

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