1.4 billion Chinese people, 18.25% of world population, which is 3.24 times of EU, and 4.35 times of US. This means:
1. large population resources,
2. large consumption market,
3. low labor costs.
1. USD6.98 trillion retail amount of China consumption goods in 2021;
2. 12.5% annual growth rate of China retail;
3. USD2.1 trillion online retail amount, 14.1% growth rate.
1. USD2.69 trillion amount of imports in 2021;
2. Over 21% growth of imports each year;
3. China largest partners are in Southeast Asia, EU, US, Japan, S.Korea.
In recent years, the purchasing capacity of Chinese people has grown rapidly, and they have become major buyers in the most luxury brand market.
Because of China’s relatively dense population, logistics efficiency is high, labor and logistics costs are low, cost-effective.
Most foreign firms have maintained a positive development trend in China and they are optimistic about the growth potential of the Chinese market.
We specialize in the localized Chinese digital marketing services and help your business succeed in China.
Our team is always ready to help. If you’ve got any questions, just send us an email and tell us your needs, or fill out the contact form. We promise to get back to you quickly.
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