男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Latest

International brands taste online success

By Fan Feifei | China Daily | Updated: 2019-11-09 09:04
Share
Share - WeChat
A pedestrian walks past the National Exhibition and Convention Center (Shanghai), the venue of the second China International Import Expo. [Photo by Zhu Xingxin/China Daily]

Expo a catalyst in rising preference for imported goods via e-commerce sites

Durian from Thailand, kiwi fruit from New Zealand, Australian beef and European-made handbags and shoes - these are just a few of foreign consumer goods making their way into ordinary Chinese homes.

A growing number of international brands have joined Chinese e-commerce platforms since the first China International Import Expo was held last year, as the country's middle-income shoppers and post-90s generation are showing strong preference for imported and high-quality products via online retailers.

The number of overseas brands surged 300 percent year-on-year in 2019 on Tmall Global, the cross-border e-commerce platform owned by tech heavyweight Alibaba Group Holding Ltd, and more than 80 foreign brands notched up over 100 million yuan ($14.3 million) in sales.

The turnover of imported products increased 89.7 percent this year on Tmall Global compared with a year ago, with sales revenues from electronics and home appliances, and household products jumping 286.8 percent and 161.9 percent respectively.

"So far, more than 22,000 overseas brands have entered our online marketplaces, covering 4,300 categories and 78 countries and regions," said Liu Peng, general manager of Tmall's import and export business unit, adding more than 80 percent of them were newcomers to the Chinese market.

Alibaba said at the first CIIE that it aimed to import $200 billion worth of goods from more than 120 countries and regions over the next five years.

"With cross-border e-commerce accounting for just 2.2 percent of the total online retail market, there is substantial room for long-term growth of brands and retailers," said Gao Hongbing, vice-president of Alibaba and head of AliResearch, the research arm of Alibaba.

China saw strong growth in retail imports via cross-border e-commerce platforms in the first three quarters of this year. Crossborder e-commerce retail imports volume expanded more than 30 percent year-on-year during this period, data from the Ministry of Commerce showed.

Accounting for about 20 percent of the total volume, Japan was the largest source of such imports, followed by the United States and South Korea. Moreover, cosmetics, food and daily necessities were the most popular products among the imports.

Yu Ronghua, director of marketing and operations at JD Worldwide, the cross-border e-commerce site of JD said after the first CIIE, the number of new brands opening online stores on JD rose 1.5 times compared with same period over the previous year.

Yu added the foreign brands are more willing to cooperate with Chinese e-commerce players, and the sales of these newly introduced brands increased six times that of the previous year.

In recent years, China has been actively expanding its imports while lowering the threshold for foreign goods to enter the Chinese market, as well as introducing favorable policies for cross-border e-commerce.

Market consultancy iiMedia Research said the country's crossborder online shopping reached 9.1 trillion yuan in sales last year. This figure is expected to rise to 10.8 trillion yuan in 2019.

Zhao Ping, director of the department of international trade research at the academy of the Beijing-based China Council for the Promotion of International Trade, said the CIIE builds a one-stop platform for foreign brands that aspire to march into the Chinese market.

 

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 普兰县| 乐昌市| 陆丰市| 平远县| 廉江市| 黄平县| 工布江达县| 新河县| 英吉沙县| 娄底市| 凤山县| 泽普县| 隆尧县| 定兴县| 普安县| 会东县| 东乌珠穆沁旗| 阜阳市| 邻水| 徐闻县| 周口市| 福安市| 永嘉县| 昌图县| 青河县| 岳池县| 五常市| 家居| 古浪县| 兴义市| 东海县| 丰台区| 孝昌县| 和龙市| 苍梧县| 民县| 涞源县| 波密县| 法库县| 天等县| 鸡西市|