Cross-border e-commerce growing in China
1 month, 1 week ago

Cross-border e-commerce growing in China

China Daily  

Having worked as a tech reporter for about a decade, I have witnessed firsthand the rapid growth of China's cross-border e-commerce platforms and how the country's consumers have shown increasing demand for premium imported and foreign-branded products in recent years. According to a report from Chinese e-commerce platform JD's Consumption and Industry Development Research Institute, imported brands, including mobile phones, personal care products, cosmetics, watches, eyeglasses, infant and maternal goods, nutrition and healthcare products, have gained in popularity among Chinese shoppers. "Price, selection of products and logistics experience are the most important factors consumers consider while buying commodities," Li noted, adding that he is bullish on the prospects of China's cross-border online shopping market. Chinese consumers have exhibited increasing purchasing demand for diversified, personalized and niche overseas products, and are attaching more importance to the value of the goods they buy, said Zhang Zhouping, a senior analyst on business-to-business and cross-border activities at the Internet Economy Institute, a domestic consultancy.

China Products Online Shopping Chinese Consumers Imported Chinese Shoppers  crossborder  goods  chinese  products  online  shopping  consumers  china  ecommerce  imported  recent  growing

History of this topic

Stimulating demand tops policy agenda
Trending News
5 days, 22 hours ago

Stimulating demand tops policy agenda

China Daily  

More policies are in the pipeline to supercharge domestic demand, with analysts forecasting a doubling of ultra-long special treasury bonds targeting consumption and an expansion of the scope of trade-in programs to encompass a wider range of product categories. Citing the recently concluded Central Economic Work Conference, analysts said stimulating domestic demand is a top priority among announced major tasks …

Stimulating demand tops policy agenda
Trending News
5 days, 22 hours ago

Stimulating demand tops policy agenda

China Daily  

Commerce Ministry eyes larger scope for consumer goods trade-in program More policies are in the pipeline to supercharge domestic demand, with analysts forecasting a doubling of ultra-long special treasury bonds targeting consumption and an expansion of the scope of trade-in programs to encompass a wider range of product categories. Yu said that following the reinforced countercyclical policies in late September, …

Opening-up to spur foreign trade growth
1 week ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Tailwinds favoring foreign trade enterprises
Trending News
1 week ago

Tailwinds favoring foreign trade enterprises

China Daily  

Employees work on a photovoltaic module production line for export orders at a new energy technology company in Sihong Economic Development Zone, Jiangsu province, on Dec 2. Asia Best Partner Logistics, a company located in Shenzhen, Guangdong province, provides sea, land, and air transportation and has begun to transform its business to focus more on the cross-border e-commerce sector in …

Opening-up to spur foreign trade growth
1 week ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

Tailwinds favoring foreign trade enterprises
Trending News
1 week ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

China's foreign trade up 4.9% in first 11 months
1 week, 6 days ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

China's foreign trade up 4.9% in first 11 months
1 week, 6 days ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

Nation steps up efforts to bolster import and export growth
Trending News
2 weeks, 3 days ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Nation steps up efforts to bolster import and export growth
Trending News
2 weeks, 3 days ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders
2 weeks, 4 days ago

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders

China Daily  

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders Xinhua Updated: Dec 05, 2024 BEIJING -- Transcending distances and national borders, the Black Friday shopping spree has become an extravaganza for both American and Chinese firms and consumers, thanks to the expansive reach of cross-border e-commerce. Online shopping on Nov 29, the first day of this year's Black …

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
1 month ago

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says

Associated Press  

HONG KONG — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from China, Vice Commerce Minister Wang …

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
1 month ago

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Higher tariffs on Chinese exports …

Xinjiang sees rapid growth of foreign trade
1 month ago

Xinjiang sees rapid growth of foreign trade

China Daily  

The Xinjiang Uygur autonomous region's foreign trade in the first 10 months of the year reached 362.79 billion yuan, up 28 percent year-on-year, registering the fastest growth rate among all provincial-level regions around the country. During the period, foreign trade by private enterprises in Xinjiang grew 26.8 percent year-on-year and accounted for 92.4 percent of the region's total foreign trade, …

China has potential to take the lead in global digital trade, says former commerce vice-minister
1 month ago

China has potential to take the lead in global digital trade, says former commerce vice-minister

China Daily  

China should further opening-up, improve its innovation ability and strengthen international cooperation to take the lead in global digital trade, said Wei Jianguo, China's former vice-minister of commerce, at the 2024 Global Digital Trade Conference recently held in Wuhan, Hubei province. "We need to step up innovation and launch more public products for digital trade to the world to increase …

China hits record 150 billion parcel deliveries in 2024
1 month ago

China hits record 150 billion parcel deliveries in 2024

China Daily  

A worker scans the 150 billionth parcel in Chongqing on Monday. Luo Wangshu / China Daily China's parcel delivery sector reached a record 150 billion shipments so far this year, a milestone underscoring the country's economic resilience and the efficiency of its logistics and e-commerce networks, the State Post Bureau said Monday. The symbolic 150 billionth parcel — a box …

Quzhou's cross-border e-commerce shows great potential in global trade
1 month ago

Quzhou's cross-border e-commerce shows great potential in global trade

China Daily  

chinadaily.com.cn| Updated :2024-11-18 In July this year, the South Korea-China Entrepreneurs Exchange Association signed a cooperation framework agreement with the Quzhou Intelligent Manufacturing New City Cross-Border E-Commerce Public Service Center, proposing to establish a Quzhou overseas warehouse and exhibition hall in South Korea. According to Quzhou Customs, from January to September this year, the export value of goods through the …

Xiamen's online retail sales reach $4.93b on Double 11, ranking first in Fujian
1 month, 1 week ago

Xiamen's online retail sales reach $4.93b on Double 11, ranking first in Fujian

China Daily  

During the recent Double 11 shopping festival, Xiamen's e-commerce sector performed exceptionally well, maintaining its lead in Fujian province with record-high online retail sales. Xiamen's online retail sales reached 35.64 billion yuan, a year-on-year increase of 6.6 percent and accounting for 37 percent of the province’s total online retail sales. Xiamen is home to 626 companies with online retail sales …

Ningbo unveils plan to become global cross-border e-commerce hub
1 month, 2 weeks ago

Ningbo unveils plan to become global cross-border e-commerce hub

China Daily  

Ningbo has recently rolled out an ambitious plan to transform itself into an international hub city for cross-border e-commerce under the motto "Buy Global, Sell Global" by 2027. The comprehensive plan outlines ambitious targets set by Ningbo for the expansion of cross-border e-commerce: By the end of this year, the city aims to achieve a cross-border e-commerce export volume of …

Foreign trade poised for steady growth amid headwinds
Top News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

By Zhong Nan and Ouyang Shijia in Shanghai | China Daily | Updated: 2024-11-08 07:09 China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers …

Foreign trade poised for steady growth amid headwinds
Trending News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period, while its exports rose 6.7 …

China's foreign trade up 5.2% in Jan-Oct period
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China records highest export growth in 2 years amid looming Trump’s 60% tariff threat
Trending News
1 month, 2 weeks ago

China records highest export growth in 2 years amid looming Trump’s 60% tariff threat

Firstpost  

Exports far surpassed analyst’s estimates of about 5.5 per cent growth and outpaced September’s growth of just 2.4 per cent. China’s exports rose 12.7 per cent in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. It showed imports fell 2.3 per cent in October from a year earlier, …

China’s exports grew 12.7% in October, fastest pace in more than 2 years
1 month, 2 weeks ago

China’s exports grew 12.7% in October, fastest pace in more than 2 years

Associated Press  

HONG KONG — China’s exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. It showed imports fell 2.3% in October from a year earlier, while China’s trade surplus rose to $95.7 billion in October, up from $81.7 billion in September. China’s exports to Russia rose …

China's parcel delivery industry breaks new records
Trending News
1 month, 2 weeks ago

China's parcel delivery industry breaks new records

China Daily  

China's express delivery industry gears up for the Singles Day online shopping event, as data reflects a surge in handling numbers. China's parcel delivery sector has broken new records, handling more than 140 billion parcels as of this week, surpassing the total volume of deliveries for last year, according to the State Post Bureau of China. The parcel delivery industry …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's parcel delivery industry breaks new records
Trending News
1 month, 2 weeks ago

China's parcel delivery industry breaks new records

China Daily  

China's express delivery industry gears up for the Singles Day online shopping event, as data reflects a surge in handling numbers. China's parcel delivery sector has broken new records, handling more than 140 billion parcels as of this week, surpassing the total volume of deliveries for last year, according to the State Post Bureau of China. The parcel delivery industry …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade up 5.2% in Jan-Oct period By Zhong Nan in Shanghai chinadaily.com.cn Updated: Nov 07, 2024 China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year …

China sees 49.09 bln inter-regional trips in first 3 quarters
1 month, 3 weeks ago

China sees 49.09 bln inter-regional trips in first 3 quarters

China Daily  

More than 49.09 billion inter-regional trips were made in China during the first three quarters of this year, up 5.4 percent from one year earlier, the Ministry of Transport said on Thursday. During the period, railway, waterway and civil aviation passenger traffic increased by 13.8 percent, 1.1 percent and 19.1 percent, respectively year on year, while road passenger flow went …

Quzhou's GDP grows 6.3 percent in first three quarters
1 month, 4 weeks ago

Quzhou's GDP grows 6.3 percent in first three quarters

China Daily  

chinadaily.com.cn| Updated :2024-10-25 The Quzhou statistics bureau announced the city's economic performance in the first three quarters of the year on Oct 24. The city's GDP reached 160.54 billion yuan, marking a 6.3 percent increase year-on-year. Industrial production above designated size reported a 10 percent growth, reaching 47.61 billion yuan, while 22 out of 33 industrial categories experienced positive growth. …

China's express delivery revenue surpasses 1t yuan in Q1-Q3
1 month, 4 weeks ago

China's express delivery revenue surpasses 1t yuan in Q1-Q3

China Daily  

Workers sort packages at a parcel delivery center. In the first three quarters, the revenue of the express delivery sector exceeded 1 trillion yuan, with a year-on-year growth of 14.1 percent, said the State Post Bureau on Tuesday. During the same period, China's express delivery volume reached 123.77 billion pieces, a year-on-year increase of 22 percent. Since May, the volume …

Chinese Toymaker Seeks Global Expansion in Emerging Markets
Top News
2 months ago

Chinese Toymaker Seeks Global Expansion in Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Boost Exports to Emerging Markets
2 months ago

Chinese Toymaker Seeks to Boost Exports to Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Emerging Markets Driving Export Orders: Boosting Trade with Southeast Asia, Middle East, and South America
2 months ago

Emerging Markets Driving Export Orders: Boosting Trade with Southeast Asia, Middle East, and South America

China Daily  

Emerging markets are playing a significant role in boosting Chinese export orders, with a 37 percent increase in orders to these regions this year. This growth is driven by factors such as the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar
2 months ago

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Emerging markets boosting export orders
2 months ago

Emerging markets boosting export orders

China Daily  

Emerging markets boosting export orders By ZHONG NAN China Daily Updated: Oct 22, 2024 View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. "After mid-October, we will focus on non-Christmas-themed toys and expanding into emerging markets," said Wang, adding the company's total export orders for the Christmas season have reached 6.95 million yuan …

Africa poised to leverage China's vast consumer market potential
2 months ago

Africa poised to leverage China's vast consumer market potential

China Daily  

By WANG KEJU | China Daily| Updated :2024-10-21 In a major effort aimed at deepening economic ties with Africa, China announced recently that it will grant duty-free access to 100 percent of products originating from 33 African countries. In 2009, the nation said it would provide 95 percent tariff-free access for products from the least developed African countries that have …

Double Eleven Presale Soars, With Li Jiaqi's Livestreams Driving Record-Breaking Sales
2 months ago

Double Eleven Presale Soars, With Li Jiaqi's Livestreams Driving Record-Breaking Sales

China Daily  

Top-tier livestreaming sales host Li Jiaqi achieved significant sales success during China's Double Eleven shopping frenzy, with his livestreaming sessions generating over 20 percent more purchases than last year. The surge in online retail sales is attributed to a combination of favorable economic factors, government policies, and the popularity of livestreaming among Chinese consumers.

China's consumer goods trade-ins unleash market potential: official
2 months ago

China's consumer goods trade-ins unleash market potential: official

China Daily  

Xinhua | Updated: 2024-10-18 21:25 A consumer learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY TIANJIN -- China's consumer goods trade-ins have unleashed new market demands, with over 1.4 million applications for automobile scrapping and renewal subsidies recorded so far, Vice-Minister of Commerce Sheng Qiuping said on Friday. As of …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports reached 18.62 trillion yuan, up 6.2 percent year-on-year, while imports rose to 13.71 trillion yuan, up 4.1 percent. This growth is attributed to China's optimization of its exported products, with exports of high-tech equipment increasing by 40 percent year-on-year …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China reports surge in home appliance sales under trade-in program
2 months, 3 weeks ago

China reports surge in home appliance sales under trade-in program

China Daily  

A consumer learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY BEIJING - The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion yuan since August, the latest data from the Ministry of Commerce showed. MOC data showed that green and smart …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

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