As China's economic growth is slowing down, foreign investors are facing mounting difficulties in the Chinese market. It is true that making money is not as easy or as quickly as it used to be. But there are always some industries that can stand out and perform better than others, and they are where foreign investors should bet their money on.
China will promote its e-commerce to the world and expand business in new sectors, said a senior official with the country's top economic planner on Tuesday.
Sourcing internationally, especially to China and other low cost countries (LCC’s) involves a lot of strategy, ‘rolling up sleeves’ and is much more than just managing the concept of ‘purchasing’. Global sourcing involves all aspects related to helping make the product ‘happen’ on time, on budget, and with quality standards good companies have come to expect.
China's foreign service trade reached $149.54 billion in the first quarter, up 10.6 percent from the same period last yea.
China's foreign trade will pick up in the second half (H2) of 2015 thanks to structural improvements, the Ministry of Commerce (MOC) said.
A roadmap for the future of manufacturing, the "Made in China 2025" plan, will be unveiled in the near future. The four-ministry drafted plan has been submitted to the State Council, according to the insider who requested anonymity.
Chinese policymakers are laying the foundation for a transformation of the country by 2020 from its primary role as a manufacturer to that of a leading innovator.
According to a report released by the East-West Digital News of Russia on April 21 2015,Chinese on-line stores covered 70 percent of the Russian cross-border e-commerce marketin 2014.
Chinese e-commerce is booming, with the online retail trade volume increasing 49.7 percent year on year to 2.8 trillion yuan ($450 billion) in 2014.
China has become the world's largest e-commerce market, surpassing the United States, and it is just getting started. The nation's e-commerce market has seen tremendous growth, reaching $448.8 billion in sales in 2014, nearly 11 percent of all retail sales.