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China’s Market of Consumer Retail Will Surpass U.S.

  • On December 4, 2020
  • china consumer retail market, consumer retail market
On November 29, 2020, China’s National Development and Reform Commission stated that in 2019, China’s total retail sales of consumer goods exceeded 40 trillion yuan for the first time, an increase of over 42% over 2015, and will soon surpass the United States to become the world’s largest consumer goods retail market. As the scale […]
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RCEP Bringing 2 Benefits to Cross-border e-Commerce

  • On November 23, 2020
  • cross-border e-commerce, RCEP, RCEP e-commerce
Recently, “Regional Comprehensive Economic Partnership” (RCEP) was officially signed. As an RCEP covering 15 countries, a population of 2.3 billion, and a GDP of over US$25 trillion, what impact will it have on the cross-border e-commerce industry? The twelfth chapter of RCEP specifically lists the specific terms of “e-commerce” specifically for e-commerce. The RCEP e-commerce […]
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Switzerland Further Strengthening Switzerland-China Relations

  • On November 20, 2020
  • China-Switzerland, Switzerland-China
On November 20, 2020, Swiss Ambassador in China, Mr. Bernardino Regazzoni stated at the 2020 Sino-Swiss Economic Forum that Switzerland would continue to maintain stability and economic predictability in the current uncertain environment. This year marked the 70th anniversary of the establishment of diplomatic relations between Switzerland and China. Switzerland looks forward to further strengthening the […]
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The Effects of China’s Double 11 Shopping Festival

  • On November 13, 2020
  • double 11 shopping festival
Double 11 has become an international event. Entering its twelfth year, the “Double 11” shopping festival once again set off a global consumption boom. The “Double 11” shopping festival is one of the busiest online shopping days of the year, and its scale and scope continue to expand. From this shopping festival, people in the […]
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China’s Exports & Imports Boosted in October 2020

  • On November 8, 2020
  • China's exports, China's imports
In October, China’s export growth rate was the fastest in 19 months, an increase of 11.4% over the same period last year. The surge in exports pushed the trade surplus in October to 58.44 billion U.S. dollars. China’s trade surplus with the United States widened to 31.37 billion US dollars from 30.75 billion US dollars […]
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Chinese Internet Users Aging, While Low-Income Group Increasing

  • On October 30, 2020
  • Chinese internet users, CNNIC
Behind the surge in scale, the structure of Chinese netizens has undergone profound changes in 23 years. In 2014, among Chinese Internet users’ Internet devices, the mobile phone usage rate surpassed the traditional PC terminal for the first time. As of June 2020, the proportion of Internet users using mobile phones to access the Internet […]
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Huawei Releasing its Petal Search & Petal Maps

  • On October 26, 2020
  • huawei maps, huawei search
Huawei’s HUAWEI Mate 40 releases search engine, map, and document applications for overseas users, bringing users a more convenient and rich mobile application experience. Petal Search, a universal search engine that supports multiple search methods, provides users in more than 170 countries and regions overseas with more than 20 categories, including applications, news, videos, pictures, […]
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Tmall Global Release 5 Major Import Consumption Trends

  • On October 21, 2020
  • china cross-border e-commerce, china imported e-commerce, Tmall Global, Tmall international
The epidemic has reshaped people’s consumption patterns, and Tmall Global is hoping to take this opportunity to lead new consumption trends. On October 16, 2020, Tmall Global held a 2020 import trend conference with the theme “Prophet in the Sky”. 2020 Tmall Global predicts the consumption trend of imported products in various categories such as […]
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China’s Search Engine Market Share in September 2020

  • On October 17, 2020
  • china search engines, search engine market share
According to Speed Butler, in September 2020, Baidu, 360 and Sogou will still be the top three in the PC search engine market share. Baidu accounted for 81.01% in September, a decrease of 0.15% from 81.16% in August. The second place is 360 search, which has a market share from 10.71% to 10.04%. The third […]
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The Impact of Google’s Withdrawal on Baidu, China 2010

  • On October 13, 2020
  • google withdrawal, impact on Baidu
On January 12, 2010, Google claimed to have been hacked by China, implying that these hacking attacks had an official government background, and revealed its conflicts with the Chinese government in terms of business in China. On March 23, Google China announced that it had decided to withdraw from the Chinese market due to “Chinese […]
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