In May 2018, the total retail sales of consumer goods reached 3,035.9 billion yuan (US$471.46 bn), up by 8.5% year-on-year (nominal growth rate), … [Read More...]
China Retail / Online Shopping Trends & Insights
Google to invest $550 million in JD.com as part of a strategic partnership
Google and Jingdong will explore joint development of retail solutions to enable helpful, personalized and frictionless shopping experiences in several … [Read More...]
China Travel Trends & Insights
China’s business tourism market expected to exceed US$36 bn 2018
China’s business travel market recorded a total GMV of 192.8 billion yuan in 2017, up 19.5% over the previous year, which is estimated to exceed 230 … [Read More...]
Over 6 million Chinese traveled to Europe in 2017; insights on custom Europe tourism
Customized Europe travel accounted for 10% of overall customized outbound travel with orders growing 130% in 2017 compared with the previous year, … [Read More...]
Media & Entertainment
China online video market insights 2018; US$15 billion and growing
China online video market kept a high growth of around 50% for five years running and made a record revenue of 95.23 billion yuan (US$14.9 billion) in … [Read More...]
China marketing trend 2018; digital 42.6% of total
Spending on digital marketing now accounts for a staggering 42.6% of the average marketing budget in China, up from 25.4% just two years ago. The shares … [Read More...]
China Consumer Products
Global tea production to exceed 4.4 million tons by 2027, largely driven by China
China, India, Kenya, and Sri Lanka combined account for 78% of production and 73% of exports of tea market. Most of the tea produced in China and India is … [Read More...]
How would China’s tariff cuts on imported cosmetics products affect brands?
The Chinese government announced on May 30 that it will significantly lower import tariff on many consumer goods. Among them, the average tariff rate for … [Read More...]
China Technology News
81% of WeChat users playing Mini-Games in 2018
81% of WeChat Mini-Programs users have played Mini-Games. As mini-game "Jump"(Tiaoyitiao) was receiving huge popularity at the end of 2017, Wechat started Mini-Games internal testing as of March 2018 and continued … [Read More...]
WeChat and Alipay payments are making smartphones obsolete
When you are still astonished by the unique experiences brought by mobile payment in China, WeChat and Alipay have already started to lead a new payment innovation out of smartphones. Highways contactless … [Read More...]
Top mobile apps in China in Q1 2018; Tik Tok, Pinduoduo, and WeChat need your attention
On average a Chinese mobile netizen installed 42 apps in Q1 2018. Tik Tok topped the ranking of most downloaded apps on iOS store in China in March 2018. E-commerce app Pinduoduo moved up 12 places to the … [Read More...]
Consumer robot expected to reach US$1.6 billion sales in China in 2018
Chinese consumers aged between 15 and 49 years have a stronger passion for high tech products than those aged over 50, according to a report from Gfk. … [Read More...]