by Jonathan Smith | Feb 19, 2021 | Brands and Products, China Digital, Chinese E-commerce
This year’s Spring Festival retail sales experienced huge growth as last year’s sales were severely dented by the national COVID lockdown. According to MOFCOM, this year’s retail sales reached 821 billion yuan ($126.6 billion) during the Spring Festival week, a...
by Jonathan Smith | Feb 17, 2021 | China Digital, Chinese E-commerce
According to the China Internet Network Information Centre, there were 989 million internet users in China at the end of 2020 – widely rounded up to 1 billion in news reports. The absence of most major Western platforms due to the censorship mechanism known as the...
by Jonathan Smith | Nov 3, 2020 | Brands and Products, Chinese E-commerce, Market Entry
When China’s infamous One Child Policy was reformed in 2015, some commentators expected a massive boom in the number of babies being born. Although there was a peak shortly afterward, the numbers soon fell to below previous levels the lowest level in seven decades in...
by Jonathan Smith | Sep 2, 2020 | Brands and Products, Chinese E-commerce, Market Entry
The market for savoury snacks in China has been growing at a strong pace for several years, reaching the equivalent of $19.5 billion in 2019. The pandemic is unlikely to have dented this growth much as consumers have bought more online combined and the fact that...
by Jonathan Smith | Jul 17, 2020 | China Digital, Chinese E-commerce, Compliance, Market Entry
Cross-border e-commerce (CBEC) has become an important channel for foreign brands to sell to Chinese consumers, allowing consumer goods companies outside China to sell directly to Chinese consumers with minimal regulatory interference. Government policy has supported...
by Jonathan Smith | Jun 16, 2020 | China Digital, Chinese E-commerce, Chinese Retailers
Who doesn’t love a bargain? No one, that’s who. Chinese consumers are no exceptions and love sales and special promotions. All major and minor local and international festivals in China will be accompanied by some brands and e-commerce platforms offering general or...