Economists have been watching China and India with great interest over the last decade. Leaders in those countries have declared they are increasing state investment to stimulate economic growth. China is focused on infrastructure, with plans including improvements to highways, waterways, airports, railways, and urban rail transit projects. With a population of 1.3 billion people and incomes rising, China is now the world’s second largest economy.
There is little doubt that China holds a number of business opportunities. But the economy is not uniform. Uneven rates of economic gro...Read more
It is a well-known fact that China’s internet landscape is the largest in the world. With over 700 million internet users (and with 695 million of those mobile internet users), it comes as no surprise that the Chinese internet landscape is a key target market for businesses across Europe.
By 2030, GDP in China, India and SEA will grow by 190%, and by 2050, the economy of the world will look quite different. India will rise from #3 to #2, replacing the United States; Indonesia will rise from #8 to #4, replacing Japan; and Vietnam will climb 12 country ranks from #32 to #20. This shift in wealth will change distribution of disposable income more toward the eCommerce industry, particularly in Tier 2 and 3 cities in China, according to The Economist.
Oban Study: International websites seven times slower than Chinese consumers expect LYDIA OAKES / 30 NOV 2016 China’s $376.2 billion USD e-commerce market may be the biggest in the world, but gaining a foothold there is one of international digital marketing’s biggest challenges. The hurdles – digital or otherwise.
China Singles Day started as a celebration of being single, but has become one of the largest online shopping days in the world with an estimated US $15B spent on November 11, 2015. China’s university students chose the date 11/11, because of the four ones.
We’re very pleased to have Chris Jones from eCommerceWorldwide share some of his experience around going digital in China. Chris is the author of the China passport, an A-Z guide for retailers looking to set up and run successful ecommerce channels in China and has an invaluable expertise in cross-border trading between the UK and China.
The enormous growth rate of China’s online population and web transactions has made it the market that cannot be ignored. Global Enterprises, ranging from luxury retailers to gaming platforms, are presented with as much revenue potential as challenges to reach online consumers in China.
The U.S. Department of Commerce recently provided new stats for China’s growing commerce market: China ecommerce accounted for around 15.9% of all retail sales in 2015. China ecommerce is estimated to grow to 19.6% in 2016. 53% of the 688 million internet users in China are online shoppers – more than the combined population of the United […]
When it comes to validating China CDN vendors, the recommended approach is to utilize an independent third party monitoring company such as Dynatrace/Keynote or Neustar to run a performance test. Each test entails a side by side comparison over a given amount of time. But, since China’s broadband infrastructure is so fragmented, the standard performance […]
Many businesses seeking to enter the Chinese market are unaware of the hurdles standing in the way of reaching the population. The Great Firewall of China is one of the biggest and best-known obstacles, but this is just one of many challenges you need to overcome in order to reach this thriving market.
For companies trying to move into the Chinese market, there is a familiar and tired scenario, regularly played out in weekly website performance meetings: “How can we reduce the dramatic amounts of latency for our Chinese end users, offices and remote employees while our application or website is hosted outside the “Great Firewall of China?”
Ensuring your website is not blocked in China goes beyond ensuring the content is acceptable (i.e., the Great Firewall). Companies must do their due diligence when deciding on their Content Delivery Network (CDN) solution and be sure to choose a provider with a CDN license in China. Not all vendors in the China market are[...]
Each year on Singles Day, similar to Cyber Monday in the US, the amount of shoppers visiting China’s most popular ecommerce sites exceed the entire Brazilian population. Single’s Day 2014 generated over 9 Billion dollars in online sales revenue, nearly doubling last year’s total.
Today, China has become a “must have” market for Western-based online travel sites. Western online retailers and brands have benefitted from the massive growth in China’s online consumers, and so too are the early moving travel sites tapping China’s international travelers. Three factors make the China market so attractive: explosive growth in international travel; strong […]
According to the latest (34th) ‘Statistical Report on China’s Internet Development’ China’s internet population has reached 632 Million. The report is published semi-annually by the Ministry of Information and produced by The Chinese Internet Network Information Center (CNNIC).