Archive for the ‘news’ Category

  Updated: 2013-08-30 11:22 By Zhang Yuwei (China Daily) Shoppers from the world’s No 2 economy have been climbing the consumer rankings charts recently. A Standard & Poor’s report predicts that China will overtake the US to become the world’s No 1 consumer market within the next five years. Not only that, but the number

Read more

As populous countries such as Brazil, China, and India develop increasingly acquisitive middle classes, opportunities for online sales to these countries are growing. Except for small mom and pop outlets, the brick and mortar retail sectors are poorly developed outside of major cities. Consumers in these and many other developing countries are looking online for more

Read more

For small and medium-sized American enterprises (SMEs), accessing the China market can be difficult. Concerns about making a move into China can range from the very basic question of where to start to more complex questions regarding distribution channels and regulatory hurdles. While e-commerce doesn’t provide the answers to all of these questions, it does

Read more

With China’s e-commerce market set to be worth nearly $300 billion this year, 2013 will mark the watershed moment when China surpasses the US to become the world’s top e-shopping market. Looking at data from Forrester Research and iResearch for the two nations, Chinese netizens will collectively spend an estimated $296 billion in the whole of 2013,

Read more

 Chinese Consumers Confident about Personal Finances and Willing to Spend Despite of Economic Slowdown; Tier 1 Consumers Most Optimistic Than Other Tier Cities and Rural China Beijing – Chinese consumer confidence indexed at 110 in Q2 2013, two points higher than Q1 2013, and an increase of four points from Q2 2012, according to Chinese consumer

Read more

China’s online luxury sales jumped 71 percent between 2011 and 2012 and are projected to grow at double-digit rates for the next several years, according to a new report by Observer Solutions. The report titled “Converging Trends: The Limitless Potential for Online Luxury in China” found that Chinese consumers are rapidly turning to the Internet

Read more

China will overtake Canada and Mexico to become the United States’ largest export market by 2022, according to a report issued Tuesday. US exports to China will at least triple from the current level to reach US$530 billion, according to a report compiled by the China-United States Exchange Foundation, the China Center for International Economic

Read more

  According to the McKinsey Global Institute’s March 2013 report “China’s e-tail revolution:

Just as cash-strapped consumers in the developing world bypassed so-called landline phones in favor of mobile devices, so China’s lower-income consumers are skipping physical stores in favor of e-commerce sites. A recent report by McKinsey & Co. shows that e-commerce sales in China reached an estimated $190 billion last year, almost equaling the U.S. market as largest

Read more

The China Internet Network Information Center released some startling figures on the growth, size and potential of China’s ecommerce market. The sector earned more than 1.2 trillion RMB ($190 billion) in 2012. That’s a 66.5 increase over what it made the year before. And with 242 million Chinese Internet users purchasing goods last year in a country

Read more