China’s first international Belt and Road Forum is held in Beijing in May 14th-15th, 2017. This summit is considered the largest and highest-level international meeting held in China. As the trading route which clearly has the potential to become the world’s largest platform for regional collaboration, the Belt and Road Initiative (with the full name of The Silk Road Economic Belt and the 21st-century Maritime Silk Road) will further deepen the e-commerce cooperation between China and the world. Because of this initiative, which has been official launched in September 2013, Chinese products have been sold to 54 countries along the route through e-commerce websites, at the same time, Chinese consumers can buy products came from over 50 countries conveniently from the websites such as Tmall and Amazon China.
The overseas sales of made in China products will continue to grow.
According to ChinaDivision’s statistics on customer products, the most popular Chinese products in overseas market are mobile phones, digital accessories, auto accessories, sports & outdoor gears, beauty & health appeals, clothing & accessories. Since these made-in-China products are very affordable and quality, and the Belt and Road Initiative played a great role in promoting, from January to April in 2017, there are 7 countries along Belt and Road reached the average year-on-year spending growth of 11 times. The rapidly growing sales attract more e-commerce sellers turned their eyes to Chinese products, sourcing products from China to sell online became a good way of earning money.
ChinaDivision has been providing dedicated order fulfillment service for global e-commerce sellers for years, the customers only need to have the made in China products shipped to ChinaDivision warehouse in Shenzhen, ChinaDivision will take care of the rest. Along with the Chinese suppliers who provide cost-effective products, ChinaDivision is dedicated to makes the global e-commerce easier and succeed together with the customers.
More imported products will be sold on Chinese e-commerce websites.
Recent years, the imported products on Chinese e-commerce websites such as Tmall, Taobao, Jingdong and Amazon China (Amazon’s regional website in China) are becoming more and more popular among Chinese consumers. The e-commerce websites have begun to open C2C platforms to let more foreign brands settle in. Take Amazon China as an example, since its shopping region Global Store (designed for Chinese consumers to buy foreign products) started to provide global direct mail in 2014, Chinese consumers have purchased nearly 17 million foreign merchandises. In addition to the Chinese consumers’ enthusiasm for imported products, the Belt and Road Initiative gives a major push to the supply and sales. In the first quarter of 2017, Amazon China’s Global Store sales had risen to 11 times the same period two years ago.
In this condition, ChinaDivision launched the Amazon China fulfillment service to help overseas e-commerce sellers to sell their products on Amazon China Global Store and expand business in China. With the help of the bonded warehouses in Hong Kong, the e-commerce sellers can have their products manufactured in mainland China and still enjoy a higher profit margin brought by the international brand image.
As a result of the catalysis of China’s Belt and Road Initiative, the e-commerce cooperation between China and the other countries is becoming deeper, more and more Chinese products will expand to the world, at the same time, Chinese consumers will be able to purchase overseas products easier. Both of the cases are great opportunities for world-wide e-commerce runners, ChinaDivision is willing to help customers seize the opportunity to succeed together.