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Chinese consumers are willing to create new relationships with worldwide brands. It’s a tremendous opportunity for a small or big business to develop with Chinese consumers’ brand affinity and build strong relationships. Selling International products in China Guide to selling in China The rapid urbanization combined with a growing and evolving Chinese economy sets the…
China has been the world’s largest online market for years now, and it will continue to be as more people are taking part in this phenomenon. The online shopping industry in China is booming, and it’s not just e-commerce giants like Alibaba that are benefiting from this rise in consumption. According to a recent study…
11 ministries and Chinese commissions including CFDA, AQSIQ, MOA, GAC, and many others have co-released the “Positive List for Commodities Traded through Cross-Border E-Commerce (CBEC)”, which states that the commodities not included in the aforementioned list are not allowed to be imported to China through CBEC. This policy was formally implemented on April 8, 2016,…
Chinese consumers have been fascinated by American products for a long time now. This trend has given a great opportunity to American brands to offer their products to Chinese consumers. Despite geopolitical indifferences and what could be seen as a turbulent relationship between the US and Chinese governments, the popularity of American products among Chinese…
JD.com is a versatile platform JD.com is considered the second-largest online retailer in China, operating as an e-commerce platform and retail infrastructure service provider. Furthermore, the platform offers a huge variety of services such as electronics and home appliances and also general merchandise products. JD.com is considered also one of the best-performing stocks in 2020…
Pinduoduo can be considered one of the biggest in the incredible Chinese digital world. During the last years, all relevant big tech Giants introduced their own payment method. This year was the turn of the innovative Pinduoduo. After Alibaba, Tencent, JD.com, Didi, Toutiao, Meituan, Baidu, Xiaomi (and not only), in early December 2020, Pinduoduo finally…
The realm of eCommerce has reached a point of change. It seems that this online space won’t be a monarchy anymore… the tech giant Alibaba is under attack. The king of the realm, Alibaba’s e-commerce platform Tmall, which occupies 50% of the market, has in fact been targeted by the government. On December 24, China…
Starting up a franchise business is one of the best ways to make money in China. While it may seem like an intimidating task, there are many effective steps that can be taken to ensure success. Read on this guide on how to develop your own franchise in China! In this article, we are going…
According to a TechNode report, Baidu is nearing a deal to acquire Joyy’s Chinese operations for a deal worth US$3 billion to US$4 billion. Its overseas business will maintain independence. Baidu and YY did not respond to this news, at the time of writing. After this report, YY’s stock price surged to as much as…
From 5thto 10th November 2020 it was held in Shanghai the third edition of CIIE, The China International Import Export. What is CIIE and why is it so important? It is the first exhibition in China that is dedicated only to importations of products and services that boosts the presence of foreigner exhibitors. The initiative,…
What is Pinduoduo? Pinduoduo (拼多多) is the largest interactive e-commerce platform in China and in the world. It is the third-largest online marketplace behind Alibaba and JD.com in China. It has pioneered several new trends that have revolutionized online shopping in China including: social e-commerce team purchase consumer-to-manufacturer (C2M) Founded in 2015, Pinduoduo has become…
Bytedance company overview Bytedance (字节跳动) is a Chinese internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance claims to be “one of the first companies to launch machine learning-based mobile products, to combine the potential of artificial intelligence with the growth of the internet for mobile devices and revolutionize…
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