In the run-up to China Consumer 2024, FOCUS is sharing insights on the China consumer market from some of the key speakers at the event In this article, Lee Fisher, Head of International, Hayman Distillers; Daisy Ip, Head of Investment Promotion, InvestHK; and Celine Tang, Retail & E-commerce Sector Lead, China-Britain Business Council share their insights on the latest trends that are shaping China’s consumer market. Discover more about China… …
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The last year has not been without its challenges. However, CBBC is proud to have put our Member interests at the heart of all we do, and in 2021-2022, we worked hard to further UK-China relations and advocate on behalf of our Members in both the UK and China CBBC’s business support services have continued to go from strength to strength and our Membership offering has continuously evolved and improved …
The Market Access Negative List outlines the areas where investors first need to obtain regulatory approval, a licence, or a permit regardless of whether they’re a foreign or domestic company. This year’s list reduces the number from 123 items to 117 Last Friday, China’s National Development & Reform Commission (NDRC) and Ministry of Commerce (MofCom) published draft revisions to the Market Access Negative List (hereafter referred to as ‘the List’)…. …
Understanding China’s top political body is key to understanding how decisions and policies get made, writes Robynne Tindall. From little known Zhao Leji to Xi Jinping himself, these are the 7 men whose names you should know. The Politburo Standing Committee, formally known as the Standing Committee of the Central Political Bureau of the Chinese Communist Party, is China’s most powerful decision-making body and currently made up of seven top… …
CBBC has launched “Chen”, a brand-new AI-powered digital adviser for UK companies interested in entering the China market. Born on 1st February, Chen is a free resource available to UK companies across all industry sectors, providing access to tailored advice on doing business in China. China represents the second largest global economy and one of the fastest growing consumer markets, experiencing GDP growth of 6.5% in the final quarter of …
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Social commerce platform RED has dramatically reduced its commission rate
by CBBCby CBBCSocial commerce has emerged in recent years as an integration of social media and e-commerce. One of the most popular platforms known for social commerce is Xiaohongshu. or Little Red Book (RED), writes Sandra Weiss RED started off as a platform for sharing product reviews and recommendations among young Chinese consumers, after which the platform began to implement e-commerce features that allowed individual merchants or brands to open up stores… …
With the increasing relevance of live streaming in China’s digital landscape in recent years, especially in the realm of e-commerce, more regulations have become necessary to restrict fraudulent activity and misinformation, writes Sandra Weiss During the Covid-19 outbreak in China, live streaming was a market saviour for many brands and stores that were forced to shut down their offline channels due to the lockdown. As consumers were also isolated in… …
BP and China’s Didi Chuxing (DiDi) announce they are forming a new joint venture to build electric vehicle (EV) charging infrastructure in China, the world’s largest market for electric vehicles. The new joint venture plans to develop a network of EV charging hubs across the country. The ride-hailing and car-sharing platform Didi has approximately 550 million users, and around 600,000 EVs are running on it in China. The joint venture… …
What’s hot and what’s not Mark Tanner of China Skinny looks at the top retail trends in a slowing Chinese economy There’s been no shortage of coverage of China’s slowing GDP growth, the most recent being Q2’s 6.2 percent growth, the slowest pace since 1992. While no one should downplay the slowdown, it’s important to remember that China’s GDP is seven times larger than it was in 1989, and in absolute… …
Tom Pattinson speaks to the CEO Of City Football Group, the part-Chinese owned administrators of Manchester City FC, who also bought Chinese team Sichuan Jiuniu FC earlier this year How long have you been dealing with China, how did it start and how has it evolved? At Manchester City, we have had a fan base in China for many years and it has always been a market we’ve been …