Overview and Insights about the Chinese Hats Market

The Chinese Hats & Caps market value is HUGE 

The market's value is the most important thing to consider when you are looking to enter a market. How important is the market? Is it big enough to support so many other competitors? Statista estimates that the Chinese caps and hats market will reach 6.63 billion USD in 2022. Comparable to the worldwide hats & caps market of 25.87 billion USD. The Chinese market currently takes 25.6% global hats & caps market.

Article Source 

China's Hats & Caps Market: Men, Women and Children

Who is the primary audience for hat products in China and who are their main competitors? The market for women's caps and hats in China is expected to reach 3.37 billion dollars by 2022. This represents 50.8% of China's total market. In 2022, the women's market for hats and caps accounted for 2.45 billion and 0.81 million USD respectively. 36.9% and 12.2% respective of the market share. The women's market for hats will continue to be the largest in China until 2022.

Chinese customers are more willing to buy hats online

Chinese customers are more likely to shop online than they do offline because of China's advanced e-commerce. Online sales of caps and hats for children, women, and men will account for 58.7%, 59% and 60.4% respectively of their market values in 2022. In comparison to the global market which has 35.2%, 35% and 32% online sales respectively, brands should place more emphasis on China's online sales.

Guess Which Hats Are More Expensive On Average? Men's!

The market volume for hats and caps in 2022 will be 1039.7, 505.3 and 465.3 million, respectively. If you calculate their market value, it might be that the average price for men's caps and hats is 4.85 USD. However, the average price for women's caps and caps are 3.24 USD and 0.3 USD. While the market for women's caps is growing faster than that of men's, Chinese men are purchasing more expensive hats.

What are the Trends in China? What is emerging?

Street wear leading to the rise of the Fisherman Hat

Chinese fashion-lovers of the younger generation (Gen Z), are more focused on the fisherman's hat. Many fashion youths in China are now willing to wear street clothes because of the rise in hip-hop. They have made it a popular choice to express their taste and find like-minded people by wearing street clothes. Inadvertently, they will highlight certain details in outfits through their choice of accessories or clothing. Fisherman hats have enjoyed a rising popularity. The winter of 2022 saw a 58.1% increase in the number of searches for fisherman's hats on Douyin. Fisherman hats have become a symbol for fashion and are no longer considered outdoor headwear.

China's home decor market

 China's home decor market offers many opportunities for producers and imports/exports. In the last decade, China's rising consumer consumption has transformed China's economy and society. China is a major producer of home decor and related consumer goods. China is far ahead of other countries in the world in terms of the growth of the market for goods and services. China's home decoration products are a large part.

Further reading

https://marketingtochina.com/strategic-guide-market-home-decor-brand-china/

China's home decor market and its decor furniture market offer many marketing opportunities. Consider the home decor furniture market. Statistics show that there were approximately 440 million households across all Chinese provinces, autonomous regions, or municipalities. The rising purchasing power of Chinese people has led to a boom in home decor products and the furniture market in China. According to the industry report, total home decor furniture sales by wholesalers or retailers exceeding a certain size grew 13.9% to Rmb227.30 trillion in 2014.

DIY Decor is fashion in CHina

DIY home decor is becoming a popular trend due to its freedom to be created by the consumers. It can be used in the living, dining, and bedroom areas, as well as in the study. The market of more than 4 trillion yuan is often described as "a huge cake that cannot be ignored".

Digitalization and the Internet are key to marketing DIY home decoration. In 2016, more than 1000 Chinese consumers were surveyed. Over 60% of respondents said that they would use the internet to buy products and services for their home decor.

The Chinese DIY furniture market has grown at double-digit rate and is expected to continue growing until 2010. This growth has been mainly concentrated in Shanghai, Beijing, Guangzhou and Zhejiang. Tianjin is the most populous city, with residents spending approximately 5% of their incomes on decoration and housing.

This is partly due to the increasing demand for soft decoration. People who live in cities are more likely than others to move around and spend more money on soft decoration such as handcrafted items, high-quality furniture, collectibles, etc. Younger customers are increasingly moving out of their homes and choosing lightweight, multifunctional furniture that is affordable are more popular. Because these areas are the most personal, installing one's own bathroom and kitchen fittings is a priority explain this blogger

As their quality increases and DIY services are still relatively unknown, smaller contractors can pose a threat for DIY businesses. Small contractors currently dominate 80% of the home decor market. They offer more flexibility than DIY stores which have rigid working hours and set schedules. DIY stores must reach out to local customers and increase awareness about their services to counter this trend.

China's home-decorating market

China's home-decorating market refers to interior decoration of private houses.

[Data source: qianzhan.com. Market scale for home-decorating in China]

The continuous increase in real estate sales as well as the Chinese economy have provided the foundation for the home-decorating industry to continue growing. In 2018, the market size was Y=2.23 trillion rmb. It is expected to grow to Y=2.59 billion rmb by 2020. Source 

 source: qianzhan.com. 

China's home-decoration market is driven by new homes. New home decoration contributes nearly 73% to the total revenue.

The biggest consumers in the home-decorating industry are the millennials. These are people who were born between the 80s and the 90s. They account for more than 60% of market revenue. The 70-year-olds are a significant consumer group with 16%. The remaining 22% are from other ages.

The growth of E-commerce home decorators

The Chinese E-commerce home decoration market has boomed in 2015. This has contributed to and intensified competition in the overall decoration market.

E-Commerce 

China's E-commerce home-decorating market reached Y=258.9 billion rmb in 2018, and experienced a 36% increase in its market size. It is still experiencing a bottleneck period, with a penetration rate of less than 5%. This is a relatively low rate compared to E-commerce markets like car-hailing platforms or online travel agencies, which have around 1/3 penetration rates.

Zero Covid policy + Ukraine make China becoming less competitive

 The “zero Covid” policy in China and the war in Ukraine make the Chinese market less attractive for European companies. This is the conclusion of a study published this Thursday, May 5 by the EU Chamber of Commerce in China. Nearly a quarter of respondents would consider relocating part of their investments to other Asian countries.

-40% GDP in China

Nearly 40% of Chinese GDP affected by the confinement and semi-confinement of dozens of megacities in China. Inevitably, the “zero Covid” strategy also has an impact on foreign companies present on the Chinese market.

Of the more than 370 European companies questioned in this study, 60% expect a drop in income this year, 77% think that China is less attractive and, more seriously, 23% think of moving part of their investments, underway or planned, particularly in South and South-East Asia

Zero Covid and lack of prospects

A lack of confidence in the future which also has consequences on recruitment. Difficult to bring in talents accompanied by their families, when the borders are closed, not to mention the problem of schools.

Business is affected by covid Situation explain a business lawyer in China (jinwangassociates)

Education in China

turnover was 25% at the start of the 2021 academic year, 40% last year and, this year, it is believed that 50% of teachers in international schools will have to be replaced, with an average of six months of procedures for teacher visas. It's difficult, explained one of the speakers during the press conference this Thursday, May 5 in Beijing.

Changement in Shanghai

There is a “change of context”, underlines another: “Shanghai, which was once considered the best managed city in China, has been locked for a month and there is no end in sight (…) Even if it is a year from now, we need to know when China will reopen. “What kills business is uncertainty and the lack of prospects,” explain a distributor in China. (website)

Ukraine situation 

A lack of horizon reinforced by the war in Ukraine, which interrupted the silk rail trains between China and Europe and forced a bypass of Russian and Ukrainian airspace, which further disrupted logistics and made the freight cost.

The European Union Chamber of Commerce report stresses that China should focus more on vaccinating its people. An economic imperative in the face of “whatever it costs” of “zero Covid”. The Chinese strategy of absolute non-tolerance with the virus is today undermined by Omicron, but still defended by the communist leaders in the name of the health of the Chinese.

Property market in China

Real estate is also decreasing with crisis. source seoagencyChina

Beijing’s strict real estate policies and deleveraging campaign have had a significant impact on the property sector. For the Chamber of Commerce of the European Union, a return to the "beautiful days" is necessary, knowing that China represents 30% of world trade.

Read more 

https://scooparticle.com/personal-branding-in-china-with-ximon-lee/

https://www.ft.com/content/71b7fa2f-1158-4e4c-b6cd-b0ab309593a6

https://www.voanews.com/a/how-russia-s-ukraine-invasion-weighs-on-china-s-economy-/6476439.html

Chinese economy in 2022 is not that good

 China indicated an easing in its crackdown against the once-freewheeling tech industry on Friday. President Xi Jinping wants to boost the economy in the face growth-sitting COVID-19 lockdowns. This sent shares in online heavyweights soaring.

China's powerful Politburo met with Xi to announce that it will increase policy support for the second-largest economy in the world, including its platform economy. This boosts investor hope that the worst is over after a multi-pronged crackdown that started in late 2020.

According to two sources familiar with the matter, optimism was also fueled by reports that China’s top leaders will host a symposium with a variety of internet companies in early January. The event is expected to be presided over by Xi. One source claimed that Meituan, a food delivery company (3690.HK), was one of those invited.

Due to confidentiality restrictions, the sources were not able to be identified.

South China Morning Post first reported that the meeting was being attended by tech giants Alibaba Group Holdings (9988.HK), Tencent Holdings (0700.HK), and TikTok owner ByteDance.

One source said that authorities are trying to reassure corporate executives about the regulatory environment, and encourage them to grow their businesses.

The Hang Seng Tech Index rose 10% to its highest level since Vice Premier Liu He made six weeks-long promises of policy support. Alibaba and JD.com (9618.HK), e-commerce giants, rose 16%, Meituan rose 11%, and Tencent rose 11%

source Reuters

On Friday afternoon, the depository receipts for JD.com and Alibaba trading in U.S. market were up 7.8% and 7.5% respectively.

The Chinese government policy

"The Chinese government has tried to catch up with the U.S. in regulating a tech sector that has grown at an unbelievable rate over the past ten years," stated Kevin Carter, the CIO of EMQQ Global. This fund, made up roughly 50% of China's equity tech securities, was created by EMQQ.P.

A member of the Chinese Business club in a event said, "This meeting might signal that the government believes they are caught up."

According to Jason Pride, Glenmede's chief investment officer for private wealth, the market's reaction indicated that Beijing was easing off on its excessive profits at China’s largest internet companies.

Anti-monopoly regulations in China

Beijing sought to control a variety of industries in an effort to crack down on anti-monopoly regulations, data privacy rules, and bridge a growing wealth gap that threatened to undermine the legitimacy of Communist Party rule.

However, the economic consequences of crackdowns on ecommerce, private education, and the property sector have been severe. China has since relaxed some of its measures to aid an economy that is still under strict COVID-19 lockdowns.

Sources said that U.S. and Chinese regulators discussed operational details of an audit agreement Beijing plans to sign this year. This latest attempt to prevent Chinese companies being removed from U.S. exchanges.

U.S. securities regulators have identified Chinese firms that could be delisted from New York because they do not meet auditing requirements. This has caused more fund managers to sell their holdings and dimmed prospects for new listings.

The Politburo, China's top decision-making body, pledged to complete the "special rectification" of the platform economy, without indicating a time frame or laying out support measures for its development.

Beijing has set a growth goal of 5.5% for this year. Private economists say it will be hard to achieve without substantial support. COVID-19 lockdowns, and other severe curbs to combat the pandemic, create havoc in supply chains and businesses. Continue reading

Gaming licenses

China lifted a nine month ban on gaming licenses earlier in the month to reduce the economic impact of the ban. Continue reading

China announced in January that it would reduce subsidies for electric cars and plug hybrids by 30% in 2022, and then scrap them completely at the end.

 lockdowns in China 

However, sales of cars fell in April due to lockdowns. China's state planner stated this week that it was meeting with the industry to discuss government support for these vehicles. This signaled a more supportive stance.

According to state-run Xinhua news agency, Politburo stated that it would support COVID-hit companies and small businesses, accelerate infrastructure construction and stabilize transport logistics and supply chains during Friday's meeting.

Gary Ng, senior economist for Natixis Hong Kong, stated that the Politburo meeting was "a positive sign" that the government wants to prioritise growth over a lot other goals like deleveraging or regulatory changes in the short-term.

Challenges for Western Brands in China

 

Challenges for Western Brands in China

To track down a Chinese accomplice, fare and sell in China, focusing on the Chinese market, foster its guanxi , to get comfortable China, grow its business in China, discover d es Chinese financial backers, contact Chinese influencers work with Chinese , convey on Chinese interpersonal organizations pull in Chinese clients and Chinese vacationers in France , be recorded on Baidu the Chinese Google, make a WeChat record to arrive at Chinese customers, the individuals from the Chinese Business Club France Chine meet over time in Paris to meet :

https://www.phpelephant.com/2021/05/19/challenges-for-western-firms-in-china/

Lockdown in China 

Covid lockdown extended in Shanghai as outbreaks put economy on the skids

China’s largest city and financial powerhouse is struggling to cope with the country’s worst outbreak since the start of the pandemic in Wuhan

https://www.theguardian.com/world/2022/apr/01/covid-lockdown-extended-for-parts-of-shanghai-as-city-struggles-to-control-omicron

IT has been longer than a year since China lifted Wuhan’s lockdown. The world’s second biggest economy declared a 18.3 percent extension in (GDP) for the main quarter of 2021 from a year prior. Development was driven by solid homegrown retail deals and fares.

https://www.csggroup.org/the-chinese-2021-booming-economy/

SME invest on Tmall = Lockdown = e-Commerce

SMEs remain to profit as they acquire extended admittance to a lot of information and understanding. Purchasers will likewise benefit from the new model since they will get a bigger choice of value merchandise and will be acquainted with new brands and items. In addition, the whole interaction will speed up the speed of advancement, changing tech and retail.

https://www.funcitydevelopers.com/tmall-wants-seduce-luxury-brands/

Douyin & Short video

“Short video stages have such an excess of traffic that they can fundamentally do any business,” said Shawn Yang, overseeing head of Blue Lotus Capital Advisors. “Douyin isn’t just in promotions, yet additionally live-real time, internet business, neighborhood life administrations and search. This has a great deal of space for creative mind.”

https://www.necrotixnetwork.net/chinas-top-startup-bytedance-story/

Chinese Business situation for western Famous brands

https://www.kagamasumut.org/chinese-business-situation-for-western-famous-brands/

How China will save the Russian economy

When the United States and its allies declared a financial war on Russia after its invasion of Ukraine, the world turned to see what China is up to.

How China will save the Russian economy

As a growing global power, one of the ways China has extended its influence is by establishing close financial ties with countries that don't want to follow the rules dictated by the United States and other Western powers. Assuredly, necessary one, China necessary the same for Russia.

There is only one big problem: money. Specifically, 

The money from China.

To help Russia evade sanctions, China should offer a viable substitute for the US dollar. But Chinese money - the renminbi - is hardly used outside of China. Only 3% of global business is done using the red back. Even Russia and China trade mostly in US dollars and Euros.

Moreover, the risks of helping Russia avoid economic ruin may be greater for China than any possible rewards. Much of the Chinese economy depends on the US dollar and the financial edifice that underpins it. Chinese companies are active around the world, using the US financial system to pay employees, purchase equipment and make investments. China is the world's largest exporter and is paid for its goods mainly in dollars.

If Beijing breaches sanctions on Russia, China's financial stability would be at risk at a time when its leaders have emphasized caution. Moreover, the few lifelines Chinese leaders might offer Russia would not be strong enough to help the country survive a financial blackout from the United States and its allies.

This could facilitate cross-border transactions, allowing China to continue selling to Moscow many of the goods it manufactures for the rest of the world. He could invest cheaply in Russian energy companies. This could allow the Russian central bank to cash in some of the $140 billion it holds in Chinese bonds. Beijing could even set up a rogue bank to help siphon off Russian money like it did for Iran and North Korea. source NYT

None of these measures would be enough to offset the sanctions against Russia, which included cutting off the largest Russian banks from the global financial system and a ban on oil and gas imports by the United States.

"China will not save the sinking ship of the Russian economy," said Eswar Prasad, an economist at Cornell University.

The deepening friendship between Xi Jinping, the Chinese leader, and Russian President Vladimir V. Putin has brought the countries closer together than they have been since the 1950s, when Mao cooperated closely with Joseph Stalin and then Nikita Khrushchev. 

The cleansing of diplomatic relations has been built on a common desire to end what China and Russia have defined as American economic and geopolitical hegemony explained a member of the Business Club. 

When Mr Xi and Mr Putin met on the eve of the Beijing Olympics, they said the bond between the two countries had "no limits". Russia's invasion of Ukraine days after the Games ended led the United States and other industrialized nations to impose waves of sanctions aimed at devastating the Russian economy.

China has repeatedly called for these measures. Prime Minister Li Keqiang did it again on Friday at his annual press conference, saying that "the applicable sanctions will harm the global economic recovery, it is in no one's interest."

But criticizing the sanctions is one thing. Choosing to go against the global financial order and risk drawing sanctions at home is quite another explain a lawyer. Beijing has already indicated that it is unwilling to do the latter. The China-led Asian Infrastructure Investment Bank — an investment bank that Washington sees as a rival to the World Bank — announced last week that it would suspend lending to Russia and Belarus in because of the war in Ukraine. Some Chinese banks have cut funding for Russian commodities.

Chinese Bank

"Chinese banks are trying to reduce their exposure to Russia," said ANZ Bank's Raymond Yeung. "You can say that the theory that China offers a financial alternative to Russia remains questionable."

Nonetheless, China's top banking regulator said last week that banks would not necessarily sever ties with their Russian counterparts. "We will not participate in such sanctions, and we will continue

China Hottest stories May 2021

Hottest Stories in China 

Content Marketing is the key to sell in China

In China, great connections and genuineness are indispensable in business. Content advertising furnishes an extraordinary chance to interface with clients, and to impart your business’ respectability and worth. Here’s the secret.

https://www.necrotixnetwork.net/content-marketing-is-the-key-to-sell-in-china/

Digital marketing in China

Targetting Chinese people

https://www.smartjobcourse.com/news/digital-strategies-to-target-chinese-consumers/

WeChat 

WeChat has become an application that is too amazing to even think about living without anybody in China. With Tencent steadily opening up the stage to promoters WeChat publicizing is turning into an incredible asset for organizations wanting to develop their advanced presence in China.

https://www.funcitydevelopers.com/how-to-develop-ads-on-wechat/

Why Tesla bet on China? 

China’s auto market has developed amazingly in the course of the most recent decade. Related business sectors, for example, the auto reseller’s exchange can without much of a stretch be avoided with regards to the spotlight, however, it’s a giant and profoundly amazing business sector by its own doing.

https://autotent.net/the-car-accessories-market-in-china/

Top reading this week Market China report

 

Top reading this week Market China report

Luxury Sectors Chinese Consumers Love Post COVID-19. The adoption of a healthier, minimalist lifestyle pushed consumers to embrace the Dieter Rams mantra: “Less, but better.” Instead of pursuing trends and the latest fashions, Chinese luxury shoppers want investment pieces. (Jing Daily)Chinese Tech Giants Going Global - JD ID 5 Years in Indonesia - Digital China Ep.45 with Leo Haryono

Chinese Tech Giants are going global. Let’s learn from JD’s experience in Indonesia in the past 5 years. Today my guest is Leo Haryono, CMO of JD ID. We are discussing Indonesian consumer trends, how what JD ID is doing in Indonesia is relevant to the China market, and what the company is planning for the future. (To watch click here)

The Chinese property bubble was a land bubble in private as well as business land in China. The marvel has seen normal lodging costs in the nation triple from 2005 to 2009, conceivably determined by both government arrangements and Chinese social attitudes. http://www.thecrowdvoice.com/chinas-real-estate-market.htm

Luxury Sectors Chinese Consumers Love Post COVID-19. The adoption of a healthier, minimalist lifestyle pushed consumers to embrace the Dieter Rams mantra: “Less, but better.” Instead of pursuing trends and the latest fashions, Chinese luxury shoppers want investment pieces. (Jing Daily)

What’s more, the pre-deals on Tmall

Because of the promoting publicity, pre-orders made up a major piece of the day. While the initial numbers were amazing, a year ago the organization said in excess of 27 million buys came by means of cell phones in the principal hour. That sum considers pre-orders made by clients

https://www.insomari-travel.com/how-to-hack-tmall-global/

Popular beauty products in China

 Fair skin being a beauty standard particularly prevalent in the Middle Kingdom, its inhabitants are eager for anti-spot or whitening-effect products that allow them to have porcelain skin by hiding their imperfections and freckles.

he Chinese draw their beauty secrets from Traditional Chinese Medicine (TCM), its millennial pharmacopoeia and its cult book “Pansa‘ ô ”. 3000 years of experience have enabled Chinese energy practitioners to discover the virtues of certain plants, but also the gestures that affect the beauty of the face and the vitality of the body.

In China, beauty goes hand in hand with preserving youth and the harmonious flow of energy throughout the body. This tradition inspires beyond China, Korea and Japan know perfectly these ancestral beauty recipes and integrate them into their rituals and their products ... Let yourself be surprised and seduced by this natural cosmetic which offers a holistic approach to beauty. beauty mixing the power of plants and the precision of gestures. Two experts share their beauty tips and secrets with you.

A little lesson in Chinese energetics applied to beauty

To better understand the intimate links between the Chinese beauty ritual and its traditional medicine, we interviewed the marketing manager of Herborist, a Chinese cosmetics brand that designs its products in accordance with the principles of TCM and its pharmacopoeia.

What role does traditional Chinese medicine play in the Asian beauty ritual?

Our balance or good health is based on the harmonious circulation of two complementary energy movements, Yin and Yang. In TCM, Yin Qi or nourishing energy offers us good internal nutrition to strengthen the body, Wei QI or defensive energy ensures its protection against external aggressions. Preserving youthfulness depends on our ability to eliminate what is called Qi Pervers, an energy that interferes with our body's balance. At Herborist, its two mechanisms are translated by the application of masks for the nutritive part (Yin QI) and daily care (moisturizing or anti-aging creams) for the protection part (Wei Qi)

Chinese desperate need for anti-aging solutions

The fear of getting older is becoming a real obsession for chinese people. According to a report of the british health care company, BUPA, which asked 12,262 people in 12 countries about their attitudes toward aging, people in China are among the most fearful of getting old. source

What are the three essential products for a beauty ritual in accordance with Chinese energetics?

As in all Asian rituals, it is essential to cleanse your skin well with a cleansing lotion to prepare it for treatment. Then apply a moisturizer to create a film that will protect the skin throughout the day. Finally, two or three times a week, make a mask to correct the deep imbalances of the skin. Applying this mask is an essential part of an Asian beauty routine.

Journey into the Chinese Pharmacopoeia

To uncover the secrets of the plants and flowers that make up Chinese cosmetics, we interviewed Nathalie Bouchon-Poiroux, co-founder of the cosmetic brand and Cinq Mondes spas. For 17 years, this house has been taking us around the world, in search of the best in beauty on 5 continents. Her Beijing skincare ritual is one of her bestsellers.

5 Trends in China from blogs

 5 Trends in China from blogs

As the Xianzi versus Zhu Jun court case begins, Chinese official media stay silent and social media posts are being removed.

https://www.whatsonweibo.com/silence-the-xianzi-versus-zhu-jun-court-case-has-begun/

41% of Chinese buyers would not give it a second thought if customary retailer Walmart or Carrefour (44%) would vanish. Against much lower figures for online retailers, for example, Taobao and JD (26% and 31%)

http://www.footballtop.com/user/216546/blog/648829

As indicated by the examination result given by the market research organization Synovate, well off Chinese individuals like to buy luxury with particular visual logos and high brand mindfulness. Hence, brand mindfulness turns into a vital factor of Chinese shoppers' buying choices

https://www.launchora.com/story/trends-of-the-luxury-car-market-in-china

Alibaba's e-commerce business will get in the groove again. On the cloud side of things, the Covid pandemic has really boosted enterprise cloud demand in China, as companies have rushed to migrate their services online

https://www.bloglovin.com/@blogviews/chinese-pet-e-commerce-a-great-opportunity

As the extravagance business talks about Snapchat's marketing prospects and, all the more as of late, Instagram's most recent channel include, brands looking toward the China market are confronting a totally unique short video industry

https://www.ericpetersautos.com/author/Tool-for-Branding-in-China/

About Tmall Brand promotion by Michel Jones

 Advertising on an e-trade platform like Tmall 

, it’s the important thing to be seen via way of means of your goal and to generate site visitors for your e-trade page. But, it could be very difficult to try this via way of means of yourself. Especially on a few e-trade structures as Tmall.This article is right here that will help you to apprehend higher a way to put it up for sale on Tmall. It could be a benefit of time for you.TMALL

https://micheljones171.medium.com/tmall-brand-promotion-e-commerce-agency-in-china-7d6632e73cfd

What is Tmall Worldwide? 

So, Tmall Worldwide is a sub-foundation of Tmall where global dealers sell imported items through cross-outskirt internet business.

Clients can get to Tmall Worldwide through both the Tmall and Taobao versatile applications; the logos and assignments are purple as Tmall Worldwide's authentic tones are dark and purple, though Tmall's primary tones are dark and red. Beneath, we mark the Tmall Worldwide passages on both the Tmall and Taobao applications.

When we click into the Tmall Worldwide segment, you will see that the textual style and foundation pictures are altogether purple. The Tmall Worldwide logo is purple, and its item pictures are set apart with a purple trim to separate them from non-imported things.

For worldwide shippers hoping to sell on Tmall Worldwide, it's imperative to comprehend the accompanying contrasts, which we spread out underneath. by Michel Jones 

 

https://www.apsense.com/article/tmall-taobao-ecommerce-frequently-asked-questions.html

How to win in China in 2021? 

Chinese customers’ preferences have additionally moved away from obviously marked merchandise for quality, freshness, and way of life. The examination acknowledged by Fortune Character Establishment shows that 39% of rich Chinese think the logo is not, at this point the need. “Specialty top of the line brands, just as bespoke items, are turning into the new driver of luxury utilization

http://www.techvital.net/tech-business/luxury-in-china-how-to-win-in-2021.html

China Top Market opportunites by Simon Hopes

 The topic of how to market and sell to organizations situated in China is one that is discussed interminably by unfamiliar organizations trying to benefit from the colossal capability of the nation.

Marketing to Chinese Businesses 

Perspectives communicated by financial specialists professing to know the mystery of achievement in China fluctuate fiercely, from those (by and large newcomers) who state that showcasing and selling in China is 'much the same as home' through to those (typically those with in any event a few years' involvement with China) who misrepresent the novel idea of Chinese business and Chinese individuals so much that selling in China seems like a difficulty. Actually these two positions are both similarly vulgar and erroneous

read more http://facebookhitlist.com/profiles/blogs/marketing-and-selling-to-chinese-businesses 

by Simon Hopes 

China Omni-channel Ecommerce

Another hot market for unfamiliar extension is China, with almost 1.4 billion purchasers who are well informed, progressively prosperous and insatiable for American items. To please Chinese customers, U.S. retailers can make it simple and advantageous to shop anyplace and whenever. Retailers need a cross-fringe system upheld by applicable omnichannel showcasing to acknowledge ecommerce accomplishment in China.

https://www.patreon.com/posts/china-omni-44324099

Why U.S. Retailers are Extending to China

5 Opportunities in the Chinese market in 2020

 5 Business Opportunities in the Chinese market in 2020

ECommerce Crossborder 

China has broad and complex traditions rules and government regulations for cross-border buys. It additionally has a colossal and progressively wealthy populace that lean towards unfamiliar — generally western — purchaser merchandise, basically on account of the low quality of homegrown items. China is home to the biggest online business market on the planet and smoothed out regulations offer an open door for western shippers searching for new business sectors. Food, magnificence items, attire, and purses are the most searched after unfamiliar items and purveyors of these merchandise should discover Chinese customers anxious to purchase. All the more explicitly, the metropolitan Chinese populace is desiring normal food and magnificence items and is happy to pay a premium for them.

http://lawfuture.org/legal/no-clear-regulation-on-cross-border-ecommerce-in-china.html

health products 

The healthcare market in China is growing at an amazing rate, fundamentally helped by components, for example, the growing populace — especially the maturing populace — fast urbanization, flooding homegrown and global interest in Research and development, and constant government uphold. Today, the healthcare market in China is the world’s second-biggest, intently behind the US. Be that as it may, China’s healthcare area is growing at the quickest rate on the planet and is required to turn into the world’s biggest healthcare market later on.

http://www.healthclan.org/supplements/the-fast-growing-health-supplement-market-in-china.html

China &  Fintech 

China’s money related controllers have verbalized their vision of how web driven innovation ought to meet and collaborate with banking and account, seven days in the wake of retiring the world’s biggest first sale of stock and setting off a securities exchange defeat in Hong Kong that cleared out US$260 billion in esteem.

http://www.technologyprograms.net/tecnology/china-is-the-fintech-capital-of-the-world.html

Real Estate oversea investment 

Real Estate: how to create a great deal of leads from Chinese financial specialists?

To all the more likely comprehend China you have to know the accompanying realities:

The brilliant period of real estate in China is finished. half of the most extravagant men got rich since they put resources into real Estate.

In China, everybody knows purchasing real estate properties can make you rich, at that point practically all Chinese need to put resources into Chinese real estate…

Presently Chinese can not accepting multiple properties, if so they need to cover extra Assessments.

http://www.realestatediary.org/business/real-estate-market-in-china-is-going-oversea.html

B2B in China according to European Chamber of commerce

  European Union Chamber of Commerce in China called on China and the EU to finalize their bilateral investment treaty (BIT) by the end of this year. As the Sino-European relationship faces a growing list of obstacles, ranging from differences on, for example, Hong Kong and Xinjiang issues to growing US unilateralism, the two sides need more than ever to confront the parties. challenges facing the global economy.

According to Chinese scholars, both sides - and not just one - must make efforts and compromises to support cooperation, including negotiations on the BIT.

China's foreign trade has stabilized and gradually improved over the first eight months of this year, but it still faces a grim and complex backdrop, a trade official said on Thursday.

Since the beginning of this year, a series of policies and measures aimed at stabilizing foreign trade promulgated by the State Council have been constantly implemented, and China's foreign trade situation is better than expected, has Gao Feng, spokesperson for the Ministry of Commerce, said during a press briefing.

In addition, demand in the international market has partially recovered, as the purchasing managers index of some major global economies improved in August, he continued.

Nevertheless, China still faces a grim and complex context when it comes to foreign trade, Gao said, citing the COVID-19 pandemic, and the emergence of feelings of protectionism and unilateralism.

The ministry will continue to constantly apply foreign trade policies in order to benefit market entities as soon as possible, he said, adding that more measures will be taken to promote exports of basic goods, increase imports and encourage export enterprises to explore the domestic market.

In its annual white paper released last Thursday, the EU Chamber of Commerce extensively highlights the difficulties facing the China-EU relationship and sees the BIT as a necessity to be fulfilled before the end of the year. She said this is why it is imperative that the EU and China reach political agreement on the Comprehensive Investment Agreement by the end of 2020, a Chamber of Commerce policy document says.

Speaker Joerg Wuttke said in a statement on the occasion: “It really feels like it's now or never. "

The white paper focuses largely on the oft-repeated grievances about the problems and difficulties in the Chinese market, even going so far as to venture into the political realm of a "clash of China's charm offensive towards European companies and their "wolf warriors" in Europe ".

Doing business online with the Chinese may appear as a once in a lifetime opportunity. In ordinary cases, online business is smart, savvy, and simple

source : https://www.managementexchange.com/story/new-b2b-way-export-china

Even though it mentions a “deterioration” of European public opinion towards China, this document does not however address the problems within the EU itself, in particular the strengthening of restrictions on Chinese acquisitions of European companies and the ambivalent posture of certain European countries vis-à-vis the repression of Chinese technology companies like Huawei by the United States, note the Chinese experts.

The Chinese market & Obstacles

“The EU has raised some questions about the Chinese market, but there are also obstacles within the EU that need to be overcome,” says Bai Ming, deputy director of the affiliated International Market Research Institute. at the Chinese Academy of International Trade and Economic Cooperation (CAITEC).

According to him, the difficult situation created by the Covid-19 pandemic and growing global tensions require "political wisdom" on both sides to turn this situation into an opportunity for cooperation rather than conflict.

Despite the Covid-19 pandemic and their differences, Chinese and European policymakers have remained closely linked this year, with a series of high-level meetings where the two sides largely focused on cooperation, including the bilateral agreement to 'investment.

The Chinese Foreign Ministry announced on Wednesday that Chinese President Xi Jinping will organize a virtual summit next Monday with German Chancellor Angela Merkel, European Council President Charles Michel and European Commission President Ursula von der Leyen. The Sino-European BIT and the expansion of economic and trade cooperation will be the main issues discussed at this much-anticipated summit.

In addition, high-level negotiations will be held on cooperation between China and the EU for the acceleration of their respective digital economies and on the latest proposal by China to discuss a set of rules to govern “security”. global data, ”some sources indicate.

Sino-European relationship 

"While the Sino-European bilateral relationship faces many complications and some European countries as well as the EU Chamber of Commerce in China focus on the negative points, the overall relationship remains strong and on track. because the two parties need each other and support each other, ”notes Cui Hongjian, director of European studies at the Institute of International Studies of China.

Interview of the founder of Path2inspiration

Today we are interviewing the founder of Path2inspiration that will explain about his new book. 

Could you please introduce yourself ?

My name is Sebastien, a few years ago I finally decided to follow my calling in life. 
It lead me to finally create my website www.path2inspiration.com

What project are you working on this days ?

I am working on the promotion of my short ebook on meditation. 

“The lazy way to get your zen on”

Can you tell us more about this book ?

This book is original and entertaining. I wanted to make something unique yet simple to help people understand that meditation, is supposed to be fun and not a chore.

With the help of the illustrations, the Supermonk and my words, I think I managed to put together a pretty good book.
The book on Amazon 

Why this subject ?

Meditation has made my life so much better. 12 years ago, during a dark time of my life, I spent 3 months in a meditation center in Chiang mai, Thailand. 

That time was so crucial and essential in my life. It basically saved me from myself and I have been meditating (almost) everyday ever since. 

I know the power of the mind. Meditation is a “skill”, a “tool” that anybody can hone. If only more people would meditate, the world would be even more beautiful than it already is.

Of course there are tragedies and horrors, meditation is not an escape. Meditation helps you to see the good and beauty and help you understand what you have been taken for granted. That’s priceless.

What makes you excited in your work ?

Planting a seed in a person’s psyche and see them blossom over time. Through my written words, my spoken words, my videos, my stories, podcast, anything goes, as long as I can plant a seed in a person’s heart for them to see their potential.

How can it change people’s lives ?

It will free them of the shackles of circumstances and conditioning. It will help them finally understand what it really means to have joy, to have peace and to care for oneself.

Where do you see yourself in five years ?

 Doing more of what I am doing now. Bigger and better. More videos, a show on Netflix, more and more books for the young and for the not-so-young while always making meditation more accessible to the masses.

path2inspiration

Hermès VIP Experience for Chinese Clients

Faced with an increasingly saturated market and a turbulent economic state in China, many luxury brands are seeking to release their marketing resources for residents of second and third tier cities. This includes the prestigious luxury house Hermes. On July 19, the brand launched a WeChat mini program, showcasing its expertise to new Xiamen fans.

Hermès 

This is a strategic move, from the choice of location. Located on the coast, Xiamen has been designated as one of the special economic zones of the country. It has become a shopping center for luxury lovers

WeChat Mini program

Enter the latest WeChat Mini program, named Hermès au travail, which is a digital tool enabling consumers to register for an exclusive Hermès event from July 26th to 30th. At the event, fans can have a behind-the-scenes glimpse. At Hermès, the products are handmade and give a rare insight into the transformation of an idea into a real product. The event takes place inside the brand's store, in the Wan Xiang shopping mall, a premier destination for luxury shopping with more than 30 leading brands.

The mini-program offers customers an overview of Hermès' know-how, but it's also an interactive game in which fans can guess the tools used to make their scarves and their iconic handbags. By selecting several tools and reading their use, fans can conceptualize the work needed to make the product. For example, producing 30 colors of a print can take up to 600 hours of work. Once both answers are correct, the customer receives a badge to "prove" their knowledge and potential to become a craftsman. Meanwhile, customers can also register to view a free documentary produced by Frédéric Laffont during the event. The film presents some of the global artisans and techniques they use to make Hermes products.



After four days of publication, the ticket garnered 8,959 page views and more than 41 likes. Last May, Hermes organized an ephemeral two-day flash sale store at Shanghai's Cha House for its fragrance. WeChat was the digital resource for directing visitors to offline events. Both events strengthened the brand's promise to Chinese consumers and continued to offer engaging and informative in-person experiences designed by Hermes.

Given the above, it seems that the new digital strategy Hermes works. In the latest release of its second-quarter results, Hermes announced double-digit sales growth, thanks in part to China.

Read also Marketing strategy in Luxury in China 

Pinduoduo , the new ECommerce plateform

Pinduoduo 

The brains trust at Amazon are likely to be scratching their heads wondering how that happened. After spending hundreds of millions of dollars and 14 years to wrestle market share from the almighty Alibaba and JD-Tencent-Walmart syndicate, they have managed just a meagre 0.7% share of ecommerce retail in China. Ebay suffered an even worse fate after throwing hundreds of millions at China before effectively giving up on the market in 2006.

Ex Google founded pinduoduo 

Yet in less than three years, ex-Google engineer Colin (Zheng) Huang has managed to defy all odds with his ecommerce platform Pinduoduo. Not only has he blindsided Alibaba’s rural operations, he has also surpassed JD’s daily user count by cleverly targeting China’s underserved smaller cities. 65% of his 343.6 million active buyers live in third tier cities or lower.
“The new consumer economy isn’t about giving Shanghainese the life of Parisians. It’s about providing paper towels and good fruit to people in Anhui province,” says Huang. The strategy has paid off. Pinduoduo’s IPO last week valued the company at $23.8 billion, catapulting him to become China’s twelfth richest person.
Pinduoduo has also changed the online shopping experience into a social one where users are constantly reminded of other shoppers and their friends incentivised to join – something that has a struck a chord with lower tier shoppers who have traditionally been less forthcoming about buying online. Every Chinese consumer loves a deal, but those in smaller cities are the most price sensitive, unable to resist ten boxes of tissues for $1.90, bed sheets for $1.50, umbrellas for $1.51 and PCs for $150, even if there’s a good chance of fakes. Unlike the search-focused interfaces of Taobao and JD which deliver thousands of results, Pinduoduo displays products more like a news feed with a few hero products, making the whole experience less overwhelming and more fun for many.

Pinduoduo

There are countless takeaways that we can learn from the success of Pinduoduo; here are four that we found particularly interesting:
1. Pinduoduo’s success is a metaphor for many businesses hoping to tap the China opportunity. They have gone beyond the overcrowded megacities and into the less glamorous outcrops in the hinterland. Given half of the 50 million new households expected to enter the upper and middle classes between 2016-2020 will be located outside of China’s top 100 cities, there is no shortage of opportunities out there. The right products, targeted in the right smaller cities, in the right way, can be very fruitful in China;
2. Pinduoduo is further proof that investing squillions in building your own app could be better spent developing a Mini Program inside WeChat. Users need a very good reason to download a standalone app, whereas something embedded in WeChat is seamless, hence the 62% of users who shop on Pinduoduo through their WeChat Mini Program;
3. The power of social advocacy shouldn’t be underestimated in China. Pinduoduo has done a remarkable job of tapping into shoppers’ WeChat contacts and taking them along for the ride by incentivising them with discounts, prizes and even free goods;
4. And lastly, much like we saw with Luckin Coffee a few weeks ago, even markets like ecommerce that appear to be sewn up by the giants can still be ripe for the picking. The speed, complexity and fragmentation of China’s growth is constantly opening up gaps and new opportunities, some which may turn into $23.8 billion operations giving the gorillas a run for their money.


 But don’t go flipping the birdie to Alibaba and JD just yet - they may be expensive, hyper-competitive and in many cases unprofitable, but Pinduoduo is unlikely to be a white knight for many foreign brands at this point in time.


The average order value is just $6, compared to $60 on JD and $30 on Alibaba’s platforms. Discounts as much as 90% are not a sustainable strategy we’d recommend for the guardians of premium products that form the faithful readership. But take the opportunity to learn some good lessons from Pinduoduo’s success, keep abreast of how it evolves and give China a call to ensure you have the optimal ecommerce and marketing strategy for China.

Read also

• http://china-market-research.blogspot.com/2018/02/education-trends-in-china.html
• http://china-market-research.blogspot.com/2017/12/guide-for-moving-to-shanghai.html

After Parents’ Death, Their Chinese Baby is borned 4 Years Later

Chinese baby born four years after parents' death

After Parents’ Death, Their Baby in China Surrogate 4 Years

The Chinese city of Yixing, Liu Xi and Shen Jie

A couple of in the Chinese city of Yixing, Liu Xi and Shen Jie, tried to conceive from the first couple of decades of their union. They made a decision to pursue nitro fertilization, however,r in an auto accident, five days before the embryos were planted, these certainly were murdered on March 20, 2013, Beijing News reported in a post detailing. His grandmother, Hu Xingxian, gave him the name Tiantian, or even Sweet Sweet. Hongkong -- Following an extended legal struggle in China without a precedent, a mother has given birth four years after his parents died in an auto accident, a paper has already reported.

"The chance of employing a medical facility has been too amazing," Shen Xinnian, '' the dad of Mr. Shen, told the paper (find out on how surrogacy was growing in China due to infertility, a comfort of this one-child policy and also a cultural crucial to own kids.) "His eyes seem just like that my kid's," Ms. Hu told Beijing News. "However he looks a lot more like his dad."

The wife and husband were both children, and also the parents of the couple resolved to use to keep the relatives. Surrogacy is prohibited in China, and also the embryos were being obtained by the very first barrier for those families.
The parents of the bunch that was deceased visited a healthcare facility where the embryos were stored, but hospital officials refused to match them. Therefore a fresh plan tried, and the other was sued by one particular set.
There really are a lot of items that the expectant mum has to do because you may observe. Some might question the potency of many of these techniques, however, there is that it keeps off her mind the delivery and the woman busy.

Chinese thinking

The Chinese think that furniture shouldn't be transferred when pregnant inside your home and that mirrors and pictures really should be suspended on the walls. Since this may cause issues with childbirth, adhesives, and paste must be avoided. Some women will put blades under their bed. Women that were pregnant aren't intended to go to any funerals. Hospitals aren't permitted to move embryos hence a service which works together with a hospital in Laos was found by the families. On December 20-16, the service received the embryos, which then it belonged in 20 17 to Laos. The Chinese have just one among the oldest cultures on the planet.

Traditions are handed on to generations. 

That there are plenty of superstitions and beliefs in addition to being influenced by Buddhism, Taoism, and Confucianism.
Pregnancy is probably one of the very human adventures that you will not be astonished to discover you can find a lot of traditions. It needs to be said so faith change from place to place, however here are a few of the common customs and that China is a massive country.

Traditions in China

Traditions in China begin. It is typical for your husband to take his wife within the brink in their residence, and China possesses this but. Since it is believed to guarantee that her labor tends to pass 27, your husband is likely to transport his wife. There has been A Laotian chosen since the surrogate, and doctors in a hospital in Laos planted just two of those embryos. The surrogate was shot into China before the kid was born. The boy has been born on Dec. 9, 2017, at Guangzhou. Food is another thing. Spicy foods are thought to function as the reason behind miscarriage. Eating food which mashed or isn't correctly trimmed will make the child.
That will signify that the baby will have skin in the event the mother eats colored food.
Throughout labor the caretaker a herbal tea is going to be utilized to help with the pain, and also the mommy should avoid since this might create delivery be tacky, eating squid.

Additionally, there is special food which the caretaker is going to be anticipated following the baby comes into the world to eat. A 2nd mastered in his favor, as the lawsuit was refused by the court. "The sole real carrier of those 2 families' bloodlines conveys the duty of the mourning memories along with consolation," that the Wuxi People's Intermediate Court explained.

Chinese Parents

The Chinese often feel that some notions a woman has are going to undoubtedly be passed on the baby. This is the reason be certain her behavior is irreproachable and she's likely to safeguard her believing. The mother needs to offer the entire life inside her loads of stimulation and she is able to perform so by reading loads of other as well as poetry literature that is fine. Women are anticipated never to have sex. As this can have a detrimental influence on her child, also they are invited in order to avoid taking a look at anything unaesthetic. If mom swings her wrists and talks really is thought to have benefits for her unborn.

Further readins:

1. http://www.frogpondvillage.com/travel/moving-in-shanghai-hotel-tips/
2. http://www.coachoutlettopshop.com/6-precious-tips-for-choosing-your-childs-school/
3. http://www.chinageopark.com/one-british-school-attract-chinese-billionnaires-kids/
4. http://www.everyblogy.com/idea-to-boost-your-social-media-in-china.html
5. http://bretteldredgetourtickets.com/guide-to-move-to-shanghai-for-parents.htm
6. www.bbc.co.uk/news/world-asia-china-43724395
7. https://tvtonight.com.au/2018/02/meet-the-parents-china.html

Chinese spent about $56 billion at travel agencies

Chinese tourists continue to trust and use traditional travel companies more than online booking sites in 2017.

Plus the percentage of penetration of online travel agencies in China in search of a record level of Last year. According to a Chinese report on the outgoing market of the Chinese Outbound Tourism Research Institute (COTRI), 20 percent of the 120 million Chinese outbound travelers booked online travel in 2015. This is a seven percent increase from 2014 And the strongest indicator that the reservation sites continents to be more accepted throughout China.

Ctrip & Qunar

Chinese consumers felt less pressed by price wars at the end of last year Ctrip took a stake in Qunar and began working together, a powerful alliance among two of China's largest booking sites. This is probably a factor that more influences consumers on the booking sites, said COTRI.

Yet 80 percent of Chinese travelers booked offline and used one of more than 27,000 travel agents in chunks and mortars in China last year. The number of travel agencies in China has increased by 50 percent since 2006 and is showing some signs of slowing, and COTRI projects for Chinese outbound travelers will spend close to $ 80 billion to travel agents this year.

Chinese consumers spent about $ 56 billion on travel agencies in 2015. They also recorded a $ 11 billion trip to online travel agencies last year, a 70% 2014. While offline travel agents in China have closer relationships with consumers than their foreign counterparts with markets elsewhere, they also compete in addition to the growing popularity of Chinese booking sites like Ctrip and Qunar.

"In China, the line between retail agents and tour operators (also referred to as tourism wholesalers in other countries) is somewhat blurred. It is not uncommon for tourism wholesalers to create not only tourist packages , But also sell directly to customers through advertisements in newspapers, websites and even their own retail stores, "the report said.

source Mkgtochina

Chinese travel agencies can contact and work with incoming tour operators directly without wholesalers, "which can be attributed to the minds of unwanted intermediaries. In cases where a travel agency does not have enough customers for a trip Specific, for example, it will forward its customers to a larger wholesaler and earned the associated commission, "according to the report.

Many Chinese travel agencies operate illegally, including Wolfgang Arlt, director of COTRI, is one of the most gray areas of the Chinese tourism industry. About 10% Of these travel agents are licensed to operate outbound tourists on their own behalf, allowing them to sell different types of travel and the rest use a license or license from another company.

Online travel agencies in China

Online travel agencies in China face obstacles in addition to the offline travel agents do not worry. More than half of Chinese citizens (668 million people) do not use the Internet. The Communist Party of China also exercises a lot of control over the web, which brings most consumers to believe can trust a brick and mortar online travel agent online. And when traveling internationally for the first time - which describes much of the world's largest foreign market - Chinese consumers often prefer to speak with a travel agent in person, the report said. "In the Chinese travel media, the exposure and discussion of online travel agencies can be compared to those of Hollywood stars. Almost every day newsletters and reports from the News on the volatile relationships of Chinese online travel agencies (price wars and partnerships), weight gains and losses (stock sales and acquisitions) and highlights on red carpets (obtaining investment)