China has open their border and Massive amount of Chinese people will travel, and all travel agencies will partner with Local inbound agencies for host trips. You know that Chinese tourists love to travel in groups, so as a tourism company, you see the opportunity of doing business with them. But you also might know…
Given China’s zero-Covid policy and clusters of lockdowns, this year’s Golden Week tourism income is instructive. The seven-day national holiday is also the most profitable week of the year, indicating local economy and consumer confidence. The Ministry of Culture and Tourists reported that throughout the course of the seven-day celebrations, 422 million people traveled within…
E-Commerce in China is Competitive, Super competitive. Shirley Song, head of the Tmall Innovation Center (TMIC) shared information about the retail innovation arm of one of China’s largest ecommerce companies and how it helps ecommerce merchants globally. The Tmall Innovation Center, founded in 2017, is the retail innovation branch of Alibaba’s B2C marketplace Tmall. Using detailed market…
The Chinese market is extremely lucrative, which is common knowledge. There is no better place to put money for a company trying to grow and expand. However, it might be challenging to break into this sector, particularly when it comes to generating sales. You need to be aware of the subtleties and cultural sensitivities of…
China’s software industry has accelerated innovation and strengthened resilience over the past decade, People’s Daily reported on Wednesday. The revenue of the country’s software industry grew from about 2.5 trillion yuan ($370 billion) to about 9.5 trillion yuan with an annual growth rate of 16.1 percent from 2012 to 2021. China’s IP laws have also…
The spread of African swine fever (ASF) among Chinese pigs has been a major topic of discussion for a number of years. And yet, according to expert Jurgen Hijink of the Hijdeporc Consultancy, Chinese pork consumption has been rising at a rate of roughly 1 million tons annually despite the lingering consequences. He anticipates that…
The average daily online leisure time for Chinese people has reached 4.9 hours in the past year, with an average annual leisure consumption of 5,647 yuan (about $863), according to a report recently released. Published on December 9th, “Leisure Green Paper: China’s Leisure Development Report from 2019 to 2020” is a collaboration between the Chinese…
The largest manufacturer of batteries for electric vehicles in China, Contemporary Amperex Technology Ltd (CATL), recently revealed plans to construct a battery plant in Hungary at a cost of 7.34 billion euros (50.79 billion yuan). When completed, it will be the largest battery cell manufacturing facility in Europe. It will be “the largest ever greenfield…
Bilateral phytosanitary protocols between China and Ecuador were negotiated earlier this year, and on July 27 the General Administration of Customs of China formally approved market access to fresh dragon fruit from Ecuador. Yellow dragon fruit, also known as kirin fruit, was specifically allowed to be brought into China alongside its red counterpart. The majority…