China enter the Spring Festival (Lunar New Year) on February 4th. This year it is a long holiday that will last until February 10th next week. China is usually fill with the New Year mood at this time of year, but this year restrictions have been put in place on fireworks and firecrackers as an environmental measure, and central Beijing seems to be welcoming the New Year in a relatively quiet manner.
During the Spring Festival period
A total of 3 billion people in China will iran whatsapp data travel to visit their hometowns and other destinations. Overseas travel also reach a record high of 7 million people, making Japan the second most popular overseas travel destination after Thailand. Shopping tops the list of things people want to do when visiting Japan, with Tokyo, Osaka, and Nagoya being the most popular areas.
This time, we look into the current state of China’s cross-border e-commerce, which is closely relat to inbound tourism, using reports from the Japan External Trade Organization (JETRO) and Baidu.
Expanding China’s cross-border e-commerce market
China’s cross-border e-commerce has other search engines besides google: don’t ignore them been growing at a high rate, and recently, there seems to be a growing trend of purchasing Japanese products, trigger by tourists visiting Japan.
>According to a June 2018 report by the Japan Tourism Agency, the total transaction amount was estimat to be approximately 350 billion yen, and last year’s statistics from the Ministry of Economy, Trade and Industry also show that the cross-border e-commerce purchase amount from Japanese businesses increas 25.2% from the previous year to 1.2978 trillion yen.
>Looking at the state of cross-border e-commerce between China, Japan and the Unit States over the past three years, China’s cross-border e-commerce market has shown outstanding expansion.
What do the 65.3% of people who have us cross-border e-commerce buy via cross-border e-commerce?
According to a survey on Chinese consumers’ attitudes towards Japanese products publish by the Japan External Trade Organization (JETRO) in December 2018, 65.3% of people have purchas Japanese products through cross-border e-commerce, a very high usage rate compar to other countries.
The most common reason given by
Chinese people to use cross-border e-commerce was united states of america email lead “because the products are not sold in stores in China,” at 69.1%, up 24.7 points from the previous survey.
In addition, looking at the products that are most commonly purchas through cross-border e-commerce. 46.9% are basic cosmetics. 46.1% are makeup, and 43.5% are food, indicating that Japanese products. Such as cosmetics and food, have a stronger image of being safe and secure than products from one’s own country.
