3.2. However, China’s cross-border e-commerce continues to maintain the growth. Amid this, cross-border e-commerce has been very active in the last few years. & Kantar shows in the first six months of 2019, imports grew The good part is that if nobody in China buy it, you can still sell it through other channels in Asian countries. Marketing news and analysis for CEO, Entrepreneurs, and Top Managers. Canada Ecommerce 2020. The platform is primarily focused on mom & baby care products, cosmetics, personal care products, foods, … Creation and maintenance of internet platforms (fee-related to the platform: Tmall / Taobao / Kaola, etc.). Q2: How can my commodities be shipped? China is a huge country and setting up a logistic system covering up large territory will require significant investment. Social media marketing is VERY important in China to get the most visibility possible. Tiktok owner Bytedance tests cross-border e-commerce… Your email address will not be published. The window of opportunity for these categories is now, and we encourage you to expedite strategic initiatives to enter these categories. In the three months ending in September, GMV on Tmall Global generated through livestreaming reached RMB 470 million, up from RMB 62 million a year ago. Urumqi customs in Northwest China's Xinjiang Uygur autonomous region cleared nearly 25.2 million cross-border e-commerce lists worth $106 million from January to August, up 370 … But other networks are available to develop your company’s reputation: Douyin, Toutiao, XiaoHongShu (little red book). To say that the China Cross Border E Commerce (CBEC) is booming is an understatement. Design, update, and optimization (designer fees). The 2020 China International Fair for Trade in Services (“CIFTIS”) was taken place on September 4-9 in Beijing, with the theme of “Global Services, Shared Prosperity”. We have a company in Shanghai specialized for over twenty years in the assembly, structuring & support of foreign companies on Chinese soil. To Partner with us it is here. Our first stop: Cross-border e-commerce in China holds a specific distinction. China cross-border import retail e-commerce grew to a US$16.86bn market in Q4 2018, led by Tmall Global, NetEase Kaola, and JD Worldwide. We want to be Your Digital Guide to do Business in China. We’ll explain you here how to do and what is the best strategy to implement to succeed in your business. Otherwise, they will be subject to fines as high as RMB 2 million (US$291,620) for illegal business and tax evasion. Chinese government work with the “first to file” system, meaning that the first applicant to file the trademark will be assimilated as the real business owner. Short-video apps have been making forays … so many questions ask by companies willing to penetrate the biggest market in the world. Make the delivery process as smooth as possible. Chinese Millenials always looking for a good quality product). In 2018, the business transactions amount of import cross-border e-commerce in China … An on-site partner can help you here to implement your strategy. Current Cross-Border E-commerce Market in China. Most recently, China’s State Council approved the establishment of 24 new cross-border e-commerce zones to help promote the industry and provide it with the support it needs to thrive in the competitive digital-first era, especially in the form of exemptions in value-added tax and consumption tax for retail and … Despite COVID-19's impact, robust development in e-commerce has been a major boost for the local economy. unlock this opportunity. Alibaba will integrate Tmall Global with Kaola to strengthen its dominant cross-border e-commerce market position. Chinese customs have reportedly doubled down on their inspections of daigoumerchants at airports, and some have been imprisoned for tax eva… transcosmos China wins 5-star rating from "Kaola Global," Alibaba Group's cross-border e-commerce platform Report. Most recently, China’s State Council approved the establishment of 24 new cross-border e-commerce zones to help promote the industry and provide it with the support it needs to thrive in … Chinese cross-border market overview As the scale of e-commerce continues to expand, China’s e-commerce has entered a period of relatively stable development from a period of ultra-high-speed growth in 2016. Cross-Border E-Commerce Sales, in CNY trillion, and Breakdown by B2B and B2C, in %, 2013 - 2018. Fluctuating exchange rates can lead to a significant impact on the company. Marketing to China would like to explain Chinese Business and Marketing to the rest of the world. Q3: How is the currency conversion handled throughout cross-border trade with China? All our Update & Tips about Business in China, Scan the Qr Code and get the best of on Wechat, Designed by Elegant Themes | Powered by WordPress, The legendary Double 11 Sales Hit Record $33 Billion (2019). An enduring desire for imports. According to statistics from the General Administration of Customs, the total value of China’s cross-border … Although domestic brands are enjoying a renaissance, popular import categories continue to grow at a blistering pace. The aim of this website is to inform readers about the market and provide insightful analysis. Generating traffic (the more competitors, the more expensive it is). Entry strategy for foreign Banks in China. You first have to be sure that you’ll make product sales, otherwise, you’ll end up losing a lot of money. in the world. We are a Digital Marketing Agency based in Shanghai. CBNData and Tmall Global forecast the number of Chinese consumers who buy foreign goods online is estimated to exceed 200 million by 2020. China’s e-commerce industry has been through an almost spurt development in recent years. China Ecommerce 2020. Products from this list are as followed: For all the other products not mentioned in the previous list, the following documents will be required: For customer clearance, you can either deal with it by yourself or hire some logistic company to help you deal with the multiple steps during the procedure, which include: A certificate of quarantine from the local inspection & quarantine authority will still be required for alcoholic beverages, cosmetics, seeds, foodstuffs, and plants. Livestreaming will become an even more important sales medium. Chart. Nov 13, 2019 | ecommerce China, Export China, If you want to understand everything about CBEC in China (Cross-Border E-Commerce), this article will explain to you everything + report available. How to integrate the Chinese market? Cross-border trade in Heihe, China's northernmost free trade area adjacent to Russia's Blagoveshchensk, has remained stable this year. The 2020 China Cross Border E Commerce Insights. Kaola Global constantly strive to make consumers enjoy shopping high … China Cross-Border B2C E-Commerce Market Overview and Trends, February 2020 Cross-Border E-Commerce Sales, in CNY trillion, and Breakdown by B2B and B2C, in %, 2013 - 2018 Going into 2020, the start of a new decade, we’re revisiting routes to market for international brands into China. Chart. LOS ANGELES, Calif., Oct. 20, 2020 (SEND2PRESS NEWSWIRE) -- Cross border e-commerce is re-writing the rules for international business. Keep in mind: For the last two types of export, shipments are subject to import tax payments, VAT and consumption tax (product tax is about 11.2% for the largest category of products or 25.5% for high-end cosmetics, luxury care, and perfume). How to understand the specificities of this country that will make the difference between winning and losing? Related. Marketing to China is a website created by Gentlemen Marketing Agency designed to provide fresh insights and a deeper understanding of the Chinese market. Helps global brands expand sales in the post-Covid-19 era. Golden Week, China’s national holiday that spanned Oct. 1 to 8 this year, prompted a surge in domestic spending which drove a robust rebound in consumption as pandemic effects begin to recede. FedEx Express has upgraded its cross-border e-commerce export service in southern China as part of a pilot scheme run by China customs. Published Tue, Jul 28 2020 8:32 ... shipping out of China through digital cross-border … Bonded Warehouses Bonded warehouse is a popular CBEC model adopted by some businesses to sell to Chinese … In China, cross-border e-commerce transactions already account for up to 20 percent of total import and export trading volumes. That’s around 2.2% of China’s online retail sales. 10%, close to twice the rate of overall FMCG growth. Plus consider linguistic, regulatory and technical barriers that may increase your need for resources. FedEx customers at its Guangzhou and Xiamen gateways can register and system-dock at their local customs offices and will be able to benefit from a simplified declaration process, priority inspection and returns account management on cross border e-commerce … But if you’re a multinational company with important investment capacities, having a local partner won’t be needed. In 2018, the business transactions amount of import cross-border e-commerce in China has arrived 1.9 trillion RMB, and it has continued to grow … NANNING, Nov. 30 (Xinhua) -- This year's China-ASEAN Expo (CAEXPO) has witnessed an increasing number of companies in the region … China Cross-border e-commerce … 2020’s Biggest US Forecasting Shocks. About importing products in China, since 2016, a “positive” product list has been arranged meaning preferential import tax of 11.9% tax rate, exemption of additional time at custom clearance, and you won’t need an import license or other certificates. Much of that purchasing power would go through cross-border e-commerce this year, due to the pandemic travel restrictions. To say that the China Cross Border E Commerce (CBEC) … From January 1, 2019, daigou merchants are obligated to register and pay taxes. We come from different backgrounds and have different cultural views which make us the ideal international team to develop your interests in China. This means there is substantial room for long-term growth for brands and retailers. It also lowers thecost of doing business in China. Chinese customs have reportedly doubled down on thei… UK Holiday Season Shopping 2019. you can imagine, that’s a significant reduction in red tape. Vertical e-commerce sites will gain traction. At $5.8 trillion last year, China has the second-largest retail market I'm Alexis, Digital Marketing Consultant and passionate by this country. It also lowers the They have deep knowledge of the Chinese market, engines to optimize, can help you to improve your objectives and they know changes in terms of business law. We think the following will have a big impact on China’s cross-border e-commerce landscape in the coming year. Our customers choose us because of our; efficiency, pragmatic approach and innovative solutions adapted to the market. UK Holiday Season Shopping 2019. Opportunities and challenges for China's cross border e-commerce during the pandemic. July 10, 2020: While Chinese exports are facing resistance on many fronts, The CBEC pilot zones are designed to boost China’s import and export businesses (especially export). Ultimately we are targeting the Asian market and more particularly the Chinese market. progress in looking after themselves, their families and their pets. China’s consumers are China’s data-based consumer-to-manufacturer (C2M) model will drive e-commerce forward. China cross-border import retail e-commerce grew to a US$16.86bn market in Q4 2018, led by Tmall Global, NetEase Kaola, and JD Worldwide. These are the most significant and fastest-growing cross-border e-commerce product categories. TOKYO (PRWEB) December 07, 2020 . Unsurprisingly, since 2014, cross-border e-commerce in China has exploded and entered a rapid growth phase. preferential duty rates and without a license to operate a business in China. In all, the team at AgencyChina is incredibly excited about the cross-border e-commerce channel in China. ), Create your own website (need to be in Chinese, on a Chinese domain), Use large E-commerce platform. Unsurprisingly, since 2014, cross-border e-commerce in China has exploded and entered a rapid growth phase. What is the future of extreme sports in China? According to data, the scale of China’s export cross-border e-commerce transactions in 2019 exceeded 8 trillion RMB. For logistic, be careful of “hidden costs”, such as packing costs: Concerning delivery, you can operate with platforms such as JD offering storage services or you can also store in bonded warehouse in a free trade zone (in Mainland China or Hong Kong) which can also serve as an order management platform. China Ecommerce 2020. To export your products in China, you’ll get 3 different choices. The total product value must not exceed 1000 RMB for 6 products, but need to check on the restrictions and prohibitions terms of import in … Yes/no, it depends on your business size and your goals. Tiktok owner Bytedance tests cross-border e-commerce, and Tencent doubles it bet on livestreaming. "E-commerce trade volume reached about 1 billion yuan between … We can help you to: Strong of 7 years experience in the Chinese market with our team of 80 peoples, we help brands building trust and brand awareness on the Chinese market. NECA encourages Nordic brands within sports related segments to explore the Chinese market through cross-border e-commerce. If you share our enthusiasm, and would like to know more, book yourself in for a chat with one of our in-market consultants. Report. China’s cross-border e-commerce, or Haitao, grows on search for exclusivity and thrift By Vogue Business Team 26 October 2020 Haitao, as cross-border e-commerce is known in China, is a $1.8 trillion business involving 211 million shoppers in the country. Chinese cross-border market overview As the scale of e-commerce continues to expand, China’s e-commerce has entered a period of relatively stable development from a period of ultra-high-speed growth in 2016. The Cross-border E-commerce Forum of the 2020 China E-Commerce Convention, themed in integration, contribution and win-win, was held during the … Cross-border e-commerce in China holds a specific distinction.International companies are allowed to sell certain goods to Chinese consumersonline, through platforms such as Alibaba’s Tmall Global and Kaola, atpreferential duty rates and without a license to operate a business in China. Article. Choose the right platform for your brand. The number of successful cross-border market entry cases is increasing. Short-video apps will continue to embrace e-commerce. Cross-Border B2C E-Commerce in the Asia-Pacific, 2020 - China Outpaces Others in Cross-Border E-Commerce Development - ResearchAndMarkets.com Read full article March 6, 2020, … FedEx Express has upgraded its cross-border e-commerce export service in southern China as part of a pilot scheme run by China customs. It is predicted that the scale of my country’s export cross-border e-commerce transactions will be nearly 10 trillion RMB by 2020. 1. As looking for high-quality foreign products to meet their aspirations for Advertising and marketing campaign (WeChat, Weibo, XiaoHongShu, etc. China announced plans on Tuesday to establish new pilot zones for cross-border e-commerce, support the processing trade, and host an online version of the Canton Fair, its signature … And without a reliable logistic network, it will be hard to guarantee good delivery services to your customers, which will directly impact the trust Chinese have in your company. MAU number of major cross-border e-commerce platforms in China 2020, by platform Distribution of Kaola.com users in China 2020, by gender Distribution of Kaola.com users in China 2020, by age group You’ll have to consider investing in a storage area in a CBEC zone. We’ve dedicated ourselves to helping domestic and international brands Current Cross-Border E-commerce Market in China. China’s cross-border e-commerce, or Haitao, grows on search for exclusivity and thrift By Vogue Business Team 26 October 2020 Haitao, as cross-border e-commerce is known in China, is a … Why should you enter China’s sports nutrition market? The import and export trade is as old as mankind, but this year, the numbers are skyrocketing! And it has benefited cross-border e-commerce … Here’s what you need to keep in mind: Budgeting your project will be very important to import products in China. We have time to get to know each other, we are only in the phase and approach of the constituents through the nose made available to us by partner to do this. Spotlight: Asian businesses eye deeper penetration into Chinese market through China-ASEAN Expo, cross-border e-commerce Source: Xinhua| 2020-11-30 14:35:31|Editor: huaxia. I'm an expert of the Chinese market. Golden Week, China’s national holiday that spanned Oct. 1 to 8 this year, prompted a surge in domestic spending which drove a robust rebound in consumption as pandemic effects begin to recede. Both methods require a business license but no need of Chinese bank account. We are planning to launch in mid 2022, we are only starting negotiations with factories in China, the structures on site will follow, as will the administrative agreements & the transport, customs and health aspects, Your email address will not be published. Once the trademark is done, don’t forget to register your patent/ designs as well. currently we are in the approach and creation phase at the site of a start-up, in the luxury & perfume sector in collaboration with Galimard Grasse, in particular. According to a new report from Deloitte, the cross-border channel in China saw a compound annual growth rate of 76% between 2015 and 2018, while generating RMB 78.5 billion in gross merchandise volume (GMV) last year. Product copy is unfortunately still present in China… Innovating is a good way to differentiate your brand from competitors but as you’ll need to promote your product on social media, yes, protecting your product/brand will be a must-do. From January 1, 2019, daigou merchants are obligated to register and pay taxes. Northeast China's Jilin province reported the value of foreign trade in its cross-border e-commerce hit 443 million yuan ($67.5 million) in the first 10 months this year, with year-on-year growth surging 399.3 percent, customs officials told a news conference in the province's capital city – Changchun, on Dec 1. 200 case studies in Crossborder. China Ecommerce / January 2, 2020 November 24, 2020 / 12 minutes of reading. As of March 2020, the leading cross-border e-commerce platform Xiaohongshu had around 12.3 million monthly active users in China, a decrease from 18.6 million in the same period in 2019. Asyou can imagine, that’s a significant reduction in red tape. As part of the “China Online Trade Fair Series”, DHgate, China’s leading B2B cross-border eCommerce marketplace, is organizing China (Suzhou) Online Trade Fair from November 26 th, 2020 … Overview of China’s Cross-border Ecommerce MarketRead Now Must-know China Cross-border E-commerce Rules for Foreign PlayersRead Now Q1: What products can be shipped to China? Otherwise, they will be subject to fines as high as RMB 2 million (US$291,620) for illegal business and tax evasion. Bonus for you: you can also ship your products to the Chinese border (Hong Kong for example) where it will be stored before being sent for an order. LOS ANGELES, Calif., Oct. 20, 2020 (SEND2PRESS NEWSWIRE) — Cross border e-commerce is re-writing the rules for international business and particularly for how small and medium … When developing a website for your business, there are different options available for you: You’ll need to attract attention around your company, make your company trustable by Chinese netizens in order to make any business in China. The trade volume of the province in cross-border e-commerce totaled more than 1,360 tonnes, about 13 times the number between January and October last year, the customs said. But it’s hard to generate traffic and impossible to engage customers with push notification). In 2019, China is the largest e-commerce market, with sales of $1.935 trillion, accounting for more than half of the global … Report. A substantial growth reveals that of 2018 E-Commerce, the total value for import E-commerce sales were over 20%. Kaola Global is a members-only cross-border e-commerce platform under Alibaba Group. Ex: Tmall (good visibility, reliable and good environment for your business but high competition and important financial investment), WeChat shop with mini-programs (integrated in WeChat APP and offering you freedom of content/ design/ prices/ etc. No serious plan may lead to failure or very few results, in the best case. First China-Europe freight train for B2C cross-border e-commerce in Guangdong departs for Budapest 1 2020-12-07 16:15:25 Ecns.cn Editor : Li Yuxin ECNS App Download But to facilitate these transactions, you can use cross-border payment versions from WeChat or Alipay. We will see a changing landscape of cross-border e-commerce. According to China's Ministry of Culture and Tourism, about 150 million Chinese would travel overseas per year, spending on average $2,000. For any inquiry, please feel free to contact me. Alibaba’s 11.11 online shopping extravaganza ended with a total GMV of $74.1 billion for the time period of … In May 2020, The State Council approved the establishment of integrated pilot zones for cross-border e-commerce in 46 cities and areas. For more information see : Our Magazine is written by Benji (British), Olivier (French) and Philip (Chinese) with additional contributions from our team of experts on the Chinese market. We’ve written before about opportunities in mother & baby, beauty and pet care. ... China betting on cross border e-commerce Cross-border e-commerce (CBEC) – activities of purchasing or selling products via online … Alibaba also opened up its wallet and spent $2 billion to acquire NetEase Kaola, China’s second-largest cross-border e-commerce platform. Despite COVID-19's impact, robust development in e-commerce has been a major boost for the local economy. Indeed, we will have the utility of your services for the adjustment of the first juice through in the course of writing that we will send you soon, if you agree to collaborate with us, of course. China has many cross border e-commerce platforms, the list led by Tmall and Kaola. It has … Cross-Border B2C E-Commerce in the Asia-Pacific, 2020 - China Outpaces Others in Cross-Border E-Commerce Development - ResearchAndMarkets.com March 06, 2020 05:40 AM Eastern Standard Time The Regional Comprehensive Economic Partnership agreement, signed by 15 Asia-Pacific countries on Sunday, is a boon to the burgeoning cross-border e-commerce industry and will further optimize and integrate regional supply chains and resources, as well as improve the efficiency of cross-border logistics, industry experts said … We are passionate about marketing in the aptly named ‘mysterious orient’. Universal Postal Union (UPU):An informal technique that allows you to send small parcels in China. COVID-19’s Impact on Businesses and Consumers in ... Report. However, China’s cross-border e-commerce continues to maintain the growth. CBNData and Tmall Global forecast the number of Chinese consumers who buy foreign goods online is estimated to exceed 200 million by 2020. Cross-border e-commerce (CBEC) – activities of purchasing or selling products via online shopping across national borders – is gaining momentum in China. online, through platforms such as Alibaba’s Tmall Global and Kaola, at So we advise you here to cooperate with an agent of trademark office at the state administration for industry and commerce of the People’s Republic of China. At the GMA, we can offer you different services to optimize the launch of your brand on the biggest market in the world. Cross-Border E-Commerce … Cross-Border B2C E-Commerce Market Overview and Trends, February 2020. Real Estate: how to generate thousands of leads from China ? Cross-border E-commerce, importing goods from sellers from foreign countries. Meanwhile, they are also invigorating the region's digital economy through cross-border e-commerce, including live streaming sales, online shops and sub-applications on mobile devices. Support all WeChat pay supported the currency, plus Canadian Dollars, Swiss Francs, Swedish Kroner, Danish Kroner, and Norwegian Kroner. The Top 3 China Cross-border Ecommerce PlatformsRead Now #1: Tmall: The Biggest Player Backed by Alibaba #… Toothpaste in China : a $4.8 billion Market, Cosmetics related products (brushes/cotton pad), Selection of dairy products (milk/cheese), Declaration and inspection of imported products, Cost of transaction: 3% of the total amount, Transaction agreement for a minimum of $5,000 (if less, may be additional fees), Transactions allowed between RMB and Euros, US Dollars, Japanese Yen, Pound Sterling, Australian Dollars, Singapore Dollars, Hong Kong Dollars, South Korean Won, Transaction cost: 3% (reduced if transaction greater than 1 million RMB), Transaction agreement for a minimum of $5,000 (maybe negotiated per week/month/quarter). Report. And we believe in hard word to success in China. The new law compels daigou merchants to obtain licenses and formally register as businesses. Report. Spotlight: Asian businesses eye deeper penetration into Chinese market through China-ASEAN Expo, cross-border e-commerce Source: Xinhua| 2020-11-30 14:35:31|Editor: huaxia. To export your products in China, you’ll get 3 different choices. Q4: Are there any rules and regulations related to China cross-border e-commerce? most significant and fastest-growing cross-border e-commerce product categories. China. contact us for further information. AgencyChina has also contributed to client success through the cross-border channel, working with our partner HollandatHome to test the market and craft China strategies for brands. We know your expertise which is no longer to be demonstrated in the areas where you excel. The platform is primarily focused on mom & baby care products, cosmetics, personal care products, foods, homewares, digital appliances, apparel, shoes, and bags. Canada Ecommerce 2020. The "Asia-Pacific Cross-Border B2C E-Commerce 2020" report has been added to ResearchAndMarkets.com's offering.. Cross-border online shopper penetration rises in Asia-Pacific. transcosmos China wins 5-star rating from "Kaola Global," Alibaba Group's cross-border e-commerce platform But in 2020… Kaola Global is a members-only cross-border e-commerce platform under Alibaba Group. Eventbrite - Nordic E-Commerce Association presents Cross-border E-Commerce Opportunities for sports brands in China - Tuesday, December 8, 2020 - Find event and ticket information. China’s e-commerce event calendar gets more interesting every year, with a range of sales events. In 2016, the size of China’s cross-border retail e-commerce market was $78.5 billion; by 2021, this size is expected to exceed $140 billion. transcosmos China wins 5-star rating from "Kaola Global," Alibaba Group's cross-border e-commerce platform PRWeb 2020-12-07.
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