Who are the key players in the Chinese CBEC ecosystem? 20 Trade volume of China's cross-border e-commerce players 2011-2016 21 GMV of China's import e-commerce market 2013-2021 22 Popularity of cross-border e-commerce platforms in China 2017 23 Share of products bought on cross-border e-commerce sites in China 2017-2018, by type 24 Share of online shoppers who purchase domestically and cross-border China 2018 E-commerce consumer … Feature: E-commerce platform from China unleashing Rwanda's potential for cross-border shopping Source: Xinhua | ... at a physical store of the cross-border online shopping platform KiKUU in Kigali, capital city of Rwanda, Nov. 21, 2020. Publication Date. 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. Data from the Department of Commerce of Shaanxi Province shows that as of October 31, the China-Europe freight train “Chang’an” has completed 3,167 runs this year, which is 1.8 times the number at the same period last year.   This year, many regions in China have seen remarkable growth in cross-border e-commerce import and export. However, the most challenging question is how to successfully enter a large Chinese e-commerce platform. Article. The "Asia-Pacific Cross-Border B2C E-Commerce 2020" report has been added to ResearchAndMarkets.com's offering. By 2020, a quarter of the population, amounting to more than half of all digital buyers, will be shopping either directly on foreign-based sites or through third parties. But in 2020, a new coronavirus is suddenly sweeping the world with far-reaching consequences for both the economy and society. China’s e-commerce has a unique landscape and ecosystem. The Cross-border E-commerce Forum of the 2020 China E-Commerce Convention, themed in integration, contribution and win-win, was held during the session. China is not alone in celebrating what used to be an exclusively Chinese festival. Growth will continue in the Chinese e-commerce market and this ongoing development will offer huge opportunities to Swiss companies. Import through B2C: a formal export model in which the packag… Customs inspections have been ramped up to focus on a range of consumer goods including foodstuffs, medicines, biotech items, cigarettes, watches, clothing, footwear, handbags, electronics, … Report. 10. Do you have any questions about the cross-border e-commerce ecosystem and how trade partners work in China? Head Export Promotion, Swiss Business Hub USA May 16, 2016 ... Frictionless Commerce 2020. Daily operation and maintenance of the e-store, Assistance in marketing activities and supply chain management, Warehousing and logistics (bonded warehouse or direct mailing), 365 days x 12 hours consecutive online customer service, Integrated e-commerce platform (e.g. China Ecommerce 2020. However, China’s cross-border e-commerce continues to maintain the growth. 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 … CBEC platforms will not assign or choose a TP for the e-store owner but only provide recommendations and guidance. The cross-border e … Cross-Border Retail Ecommerce Buyers in China, 2014-2020. Kaola Global is a members-only cross-border e-commerce platform under Alibaba Group. Bonded Warehouses Bonded warehouse is a popular CBEC model adopted by some businesses to sell to Chinese consumers. KIGALI, Nov. 25 (Xinhua) -- Almost every month, … For example, a TP specializing in cosmetics should have knowledge of the rules concerning government registration of such products, while one in food products would have experience in storing and distributing perishable goods. Alipay service fee on TMall Global: 10% of total cost (product price + logistics service fee). According to the Accenture-AliResearch report, China is expected to drive much of the growth of cross-border e-commerce in coming years because the country’s large and growing middle class is hungry for authentic, good-quality foreign products. Cross-Border Retail Ecommerce Buyers in China, 2014-2020. For example, Alibaba has a TP Ranking list published quarterly: see. 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. Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns and other measures has driven up the demand for online shopping in China. Cross-border E-commerce Market 2020- Current Scenario, Market Share, Future Opportunities, Keyplayers - AliExpress, EBay, Amazon, Taobao etc. If we refer back to the definition of a TP, it performs multiple roles, including those of a marketing agency, distributor, logistics partner and operations agency. Sources. Asyou can imagine, that’s a significant reduction in red tape. Marketing Agencies: They assist the brands to implement their marketing strategies according to actual scenarios.   Zhang Bin, deputy director-general of the Department of Foreign Trade at the Ministry of Commerce, said at the forum that supporting the development of new cross-border e-commerce trade formats is an essential measure to adapt to the new trend of the industrial revolution and promote the steady improvement of import and export. 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).   Enterprises should place emphasis on product quality and after-sales service, focus on cultivating their own brands, insist on fair competition, constantly strengthen the awareness of integrity and rules, pay attention to the protection of intellectual property rights, and consciously maintain the reputation of Chinese-made products. 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. Universal Postal Union (UPU):An informal technique that allows you to send small parcels in China. Ebrun, in Chinese) Shein, Chinese fast fashion app primarily targeting … With the rapid growth of global cross-border e-commerce, enterprises in the industry chain are also expected to usher in new opportunities for development. US Connected TV Advertising 2020. Get an overview on the players in the Chinese cross-border e-commerce ecosystem and learn how to choose the right trade partner. 2020-08-19 03:08:35 GMT 2020-08-19 11:08:35 (Beijing Time) Xinhua English. So how much does it cost? See All. (Xinhua/Cyril Ndegeya) Headquartered in east China's Hangzhou, KiKUU focuses on cross-border e-commerce in Africa. An effective way to identify a trustworthy TP is through recommendations from leading CBEC platforms that have their own TP management team who are responsible for TP resource maintenance, TP service framework building, TP performance evaluation and ranking, TP recommendation and TP communication assistance. Border areas in China's Guangxi accelerate connectivity between China and ASEAN. It doesn’t require an import permit, but products may be subject to tax up to 15/30/60% according to your product. Copied. 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”. In the first half of the … And it has benefited cross-border e-commerce platforms. With a focus on the impact of China’s cross-border e-commerce on global trade, the forum discussed topics such as the construction of cross-border e-commerce pilot zones, cross-border financial services, and overseas warehouse marketing strategies, … Publication Date. Any marketing costs are not included and are borne by the foreign e-store owner. This year more than $250 billion dollars in commerce is expected through cross border e-commerce in China and more than 600 million active online consumers are expected by 2023. Unsurprisingly, since 2014, cross-border e-commerce in China has exploded and entered a rapid growth phase. How cross-border e-commerce is internationalizing Double-11. JD Worldwide currently does not provide a financial transit service, so there are no fees charged. Chart. 2. Much of that purchasing power would go through cross-border e-commerce this year, due to the pandemic travel restrictions. Some TPs with competency in logistics can also recommend other CBEC warehouses and domestic logistics providers, which generally are cheaper than Alibaba and JD. Report. Related . Report. The 2020 China Cross Border E Commerce Insights. Now in China, over 20,000 cross-border e-commerce platforms are competing for this promising market with only a few leaders enjoying good business, based on Qichacha, an application delivering data and analytics on China-based private and public companies to consumers and enterprises. Swiss Business Hub USA However, the liabilities and authorizations will be mostly dependent on the framework of the service contract signed by the e-store owner and the trade partner. According to China's Ministry of Culture and Tourism, about 150 million Chinese would travel overseas per year, spending on average $2,000.   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”. Charts. During the period, the province's volume of trade from … International Retail Ecommerce … According to statistics from the General Administration of Customs, the total value of China’s cross-border e-commerce in 2019 reached 186.21 billion yuan, a year-on-year increase of 38.3%, of which exports were 94.4 billion yuan and imports were 91.81 billion yuan. 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 on Wednesday. The development of Hainan Free Trade Port has boosted cross-border e-commerce. In case of any quality-related problems, the Chinese authorities can trace and find the responsible entity in China. 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, … Lack of tools for data collection and analysis, It is important for any in-demand Swiss entity to choose a TP with extensive experience in the Swiss company’s industry, as the TP should have an understanding of the regulations governing particular types of products. Feature: E-commerce platform from China unleashing Rwanda's potential for cross-border shopping ... 2020. Urumqi customs in northwest China's Xinjiang Uygur Autonomous Region cleared nearly 25.2 million cross-border e-commerce lists worth 106 … In other words, a trade partner (TP) is a third-party company that helps foreign or Chinese companies operate their daily e-store or channel business on e-commerce platforms by offering diversified multifunctional services. Trade Partner (TP): The trade partner role developed as CBEC evolved and integrated all functions of the industry chain into a single, comprehensive service provider. China’s middle class today is equal in size to the entire U.S. population and is expected to reach 630 million by 2022, according to management … COVID-19’s Impact on Businesses and Consumers in Latin America. 1. The overall cost structure of running an e-store in China is rather complex, taking into account the comprehensive services provided by the TP and the use of CBEC platforms: CBEC Platform Costs: Paid to the CBEC Platform, TP Service Costs: Paid to the Trade Partner. Logistics Partners: From cross-border bonded warehouse to domestic door-to-door delivery, logistics is at the core of the supply chain. 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. Related. By Li Ruikang Share . CBNData and Tmall Global forecast the number of Chinese consumers who buy foreign goods online is estimated to exceed 200 million by 2020. So how does the trade partner perform those services? The Lan Wan Campaign was launched on the 6 th March 2020, during the peak of the COVID-19 outbreak in China, to fight against IPR infringement at cross border e-commerce transportation channels. Sometimes the TP can be the general service contractor.   China’s cross-border e-commerce comprehensive pilot zones should give full play to their pilot roles, increase the innovation of business-oriented sectors, accelerate brand cultivation, promote industrial transformation and upgrading, and actively carry out international cooperation, striving to put forward new ideas, develop new experiences and scale new heights. This article illustrates the functions and services provided by third-party agencies, i.e. Head of Swiss Business Hub USA, 08.10.2020 How to Work with a Trade Partner on a Cross-Border E-Commerce Platform in China. Report. Tiktok owner Bytedance tests cross-border e-commerce, and Tencent doubles it bet on livestreaming. By CGTN; Nov. 25, 2020; Share . O2O marketing and branding activities can work with multiple partners. TPs normally assign 8-10 staff members for each flagship store for their services, which are categorized into 7 modules: TMall Global and JD Worldwide have their own CBEC warehouse and logistics teams, and normally foreign brands work with these CBEC platform giants directly. If so, we would be happy to support you. NOV 13, 2020. As of November 23, the center has handled over 6 million batches of imports and exports, up 285% year-on-year. Get an overview on the players in the Chinese cross-border e-commerce ecosystem and learn how to choose the right trade partner. We expect the cross-border e-commerce landscape to become more consolidated in 2020. In the first 10 months of this year, cross-border e-commerce imports and exports in Guangdong have reached RMB 104.78 billion, up 25.1%. At the express center of Wuhan Tianhe International Airport, the total amount of cross-border e-commerce imports and exports hit a record high. If you would you like to start doing e-commerce in China, please get contact our experts. “China recorded the highest number of orders, followed by Korea, Taiwan, Hong Kong, and Japan,” said Ho. Report. trade partners (TPs), as well as the cost framework, in order to enable Swiss companies to gain a better understanding of how TPs support foreign companies operating on Chinese cross-border e-commerce platforms. The e-commerce market in China is currently shifting. The service is accessible through mini-programs on the company’s news aggregation app, Toutiao, as well as Douyin. Source information is only available to PRO subscribers. ), E-stores owned by hypermarkets (e.g., Watsons, Suning, Sam’s Club, etc. COVID-19 has thrown the … E.g., TMall Global requires 25,000 US dollars and JD Worldwide requires 15,000 US dollars for normal products and 30,000 US dollars for certain products like luxury goods, milk powder and nursing care. 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 exported goods. Alibaba acquired China’s then-largest cross-border e-commerce platform Kaola in September 2019 and will integrate it into Tmall. To Ho’s point about China’s cross-border e-commerce success, the company said it saw cross-border purchases from sellers based in China, Taiwan, Korea, Hong Kong, and Japan skyrocket on the sale day. Report. Less known to the 1.4-billion population is that the Double-11 (Singles' Day) shopping extravaganza is also gaining remarkable steam in other parts of the world, and that is both the result of and testament to Chinese … It is not easy for a Swiss brand to enter the Chinese market, especially with these new and complex technical and commercial operational practices on CBEC platforms. May 16, 2016. JD Worldwide charges 1,000 US dollars for each product category. China Ecommerce / January 2, 2020 November 24, 2020 / 12 minutes of reading.   Analyses pointed out that, judging from the increase in overseas revenue this year, growth in such sectors as machinery and equipment, textiles and clothing, and household appliances is most obvious.   Government departments should continue to strengthen the top-level design, increase institutional innovation, introduce policies and measures to improve the level of facilitation, speed up the replication and popularization of successful experiences and practices nationwide, support the construction of new foreign trade infrastructure such as overseas warehouses, and explore international rules for cross-border e-commerce. ), Warranty deposit charged to each e-store (fixed price, returnable). There is a need when a foreign brand has: Both TMall Global and JD Worldwide certify TPs if they meet certain conditions. Please get in touch with our consultant for China, Daniel Bont. China's cross-border e-commerce sector has been growing exponentially over the past few years as the country's middle and high-income shoppers are demanding increasingly diversified and personalized products and services. Outbound express cargo from Shanghai reached 10,446 tons, a 7% increase in cargo volume. While the process ensures a certain degree of utility and reduces the number of fly-by-night agencies, certification alone is no guarantee of quality or trustworthiness. Article. For example, Alibaba has a TP Ranking list published quarterly: see link for Q1 2020; JD has what it calls a “JD Worldwide Service Union” which provides a performance evaluation every half year. To export your products in China, you’ll get 3 different choices. Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns and other measures has driven up the demand for online shopping in China. The COVID-19 outbreak coul This ultimately means an increase of 12.7% compared to last year. Related. Updated: 2020-12-04 (ejilin.gov.cn) ... 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. So, if you are planning to sell on cross border marketplaces so now is the best time for you to make a decision and connect … Copyright © Beijing International Trade in Services Center. UK Holiday Season Shopping 2019. 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 China (cf. Please get in touch with our consultant for China, Swiss Business Hub China: our local experts, Learn more about selling internationally through E-Commerce, Implementation and optimization of market research, Product planning—suggestion of product selection and creation of popular store products, Professional photography and video creation, Store marketing planning and advertising proposal, Establishment of promotion mechanisms and platform sponsorship activity, Marketing campaign in multiple O2O channels, such as KOL live streaming, Title optimization, sorting optimization, pull-down prompts and related search engine optimization. An effective way to identify a trustworthy TP is through recommendations from leading CBEC platforms that have their own TP management team who are responsible for TP resource maintenance, TP service framework building, TP performance evaluation and ranking, TP recommendation and TP communication assistance. Similarly, TPs active in certain foreign regions should have in-depth knowledge of the regulations, supply chains and business cultures of specific countries (such as Switzerland or other nearby European countries), and provide the relevant language skills and support systems. Get an overview on the players in the Chinese cross-border e-commerce ecosystem and learn how to choose the right trade partner. For a visualization of the ecosystem, please see the image gallery below. To say that the China Cross Border E Commerce (CBEC) is booming is an understatement.   Industry associations and research institutions should strengthen communication and coordination, give full play to their influence and leadership, and push countries to mutually expand the opening of their markets and improve the level of facilitation. top 4 CBEC platforms, etc. (Third Party) Costs of Marketing and Branding Activities: Paid to Relevant Service Providers. While cross-border ecommerce is not a new trend in China, it is spreading to a much wider population base. BEIJING, Aug. 18 (Xinhua) -- Amid great global economic uncertainties caused by the COVID-19 pandemic, China's foreign trade sector has delivered better-than-expected performances so far this year, with cross-border e-commerce providing impetus. Trade agreement to optimize, integrate regional supply chains and resources. In the past, China was a key player for sourcing goods and exporting them … Chinese consumers are influenced by foreign and South Korean … Report. Kidswant, Jumei, etc. With a focus on the impact of China’s cross-border e-commerce on global trade, the forum discussed topics such as the construction of cross-border e-commerce pilot zones, cross-border financial services, and overseas warehouse marketing strategies, shared China’s experience in developing cross-border e-commerce, explored new models and practices, and shed light on new trends in the future. To qualify, TPs must have CBEC and logistics experience, a multilingual staff, an ERP system, and IT interface integration capability. Latin America Ecommerce 2020. In this session, Ryan Molloy (CEO of RedFern Digital) provides contemporary insights on the state of cross-border e-commerce (CBEC) in post COVID-19 China: providing strategic advice to UK brands on best practices for approaching the market, diving deep into: Approaches to consider relating to your current level of China market entry China Ecommerce 2019. Sales commission fee (a real-time transaction fee) = (product price + logistics service fee) x applicable commission rate, E.g. Germany Ecommerce 2020. Related Charts & Analysis. We expect the cross-border e-commerce landscape to become more consolidated in 2020. 2020’s Biggest US Forecasting Shocks. Article. … It is important for any in-demand Swiss entity to choose a TP with extensive experience in the Swiss company’s industry, as the TP should have an understanding of the regulations governing particular types of products. With the advancements in the field of eCommerce solutions and development, cross border shopping is evolving rapidly. Do you have any questions about the cross-border e-commerce ecosystem and how trade partners work in China? UK Holiday Season Shopping 2019. CBEC platforms will not assign or choose a TP for the e-store owner but only provide recommendations and guidance. China’s cross-border retailers are also facing new opportunities and challenges brought by the pandemic. As of the day before the "Black Friday" shopping festival, China Southern Airlines’ freighter aircrafts at Shanghai Pudong International Airport have brought in more than 7,500 tons of cargo. Of course, the success story that Shopee has created for China’s e-commerce … The monthly service fee covers all the services under the service framework as mentioned above. Topics. Bai Ming, deputy director of the international market research institute under the Ministry of Commerce, said the new trade pact will have a positive effect on global cross-border e … In addition to these business functions, there is another very important role performed by the trade partner: All foreign entities operating on CBEC platforms are required to have a local Chinese company to provide a guarantee. It also lowers thecost of doing business in China. As of June 30 th, 2020, DHgate served more than 31 million registered buyers from over 220 countries and regions by connecting them to over 2.2 … However, this growth is somewhat lower than the 14.2% increase of the European e-commerce in 2019. 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