Thursday, 21 June 2018
China: The World's Largest and Fastest Growing E-commerce Market
Primasia Corporate Services is your e-commerce partner in China, offering China e-commerce solutions, from finding the most suitable platforms, to account set-up and management, to logistics and after-sales management services. China is well-known for being the world's largest and fastest-growing e-commerce market, with plenty of opportunities for companies that act quickly. China’s e-commerce market is setting the benchmark for retail businesses across the globe-- driven by mobile consumer behavior, social media commerce marketing strategies, trusted digital payment systems & creative innovation.
Statista’s latest report shows that retail e-commerce sales in China increased from US $403,458 billion in 2016 to $499,150 billion in 2017-- but notice that the projected data shows sales will reach $599,995 in 2018, while 2022 projected at over $956 billion!
E-commerce growth has been sustained by increasing prices on physical retail space, and simply due to the convenience of ordering via mobile versus shopping in congested urban areas. China e-commerce has quite simply become the new norm, and the growth of new retail business all lies within this new business model. Platforms and digital development, such as TMall, JD.com, Amazon China, Taobao, and personal business websites, have been designed to cater to Chinese consumers and is now setting a global precedent for all future commerce.
If you are interested in setting up business in Hong Kong or China, then Primasia Corporate Services is the one to consult. Primasia is a leading professional provider of corporate services, with experts who have worked with thousands of overseas and local entrepreneurs, consultancies, manufacturers, trading firms and startups etc. Come to us for e-commerce strategies! We will get your business up and running on online shopping platforms such as TMall, JD.com and Taobao in China, which can be difficult and time-consuming for international businesses to navigate. Contact us today to learn more!
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Primasia Corporate Services Limited
Tel: +852 2882 2088
Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong