There is some great news for all foreigners going to or living in China. Foreign credit cards in China are now accepted for mobile payments. Foreign tourists can pay with WeChat Pay (Visa cardholders) and AliPay (Mastercard cardholders) when traveling … Read more
When going abroad, many wonder how to make payments for purchases and services. Mobile payments are getting more popular, but they may not work in a foreign country. China is known for being advanced in this area, from paying by … Read more
Since Shanghai was put under hard lockdown, many factories halted production. As the situation normalizes, Shanghai factories reopen to ensure economic growth and reach the planned annual growth rate for this year. China’s Ministry of Industry and Information Technology has … Read more
Traveling to China requires some preparations beforehand. It is important to get ready both on the business front and on the cultural one. We can help you start by introducing some aspects which will make preparations for the journey easier. … Read more
Guangzhou (also known as Canton) is the city of the largest and oldest trade fair in the world. A city of business that is eagerly visited by numerous entrepreneurs from around the world. The capital of Guangdong Province has over … Read more
Beijing, the capital of China, is one of the most popular cities among tourists. This is the second (after Shanghai) city in terms of population in China, and, in addition, one of the four separated cities bordering the Hebei province … Read more
International cooperation requires adaptation to the circumstances of both countries. Entrepreneurs dealing with Chinese businesspeople should be particularly aware of the irregular calendar of Chinese holidays. Those traveling to China should also be mindful of the dates of public holidays. … Read more
Shanghai is one of the most popular cities in China, visited by numerous people from around the world. Some go on a tourist trip, while others plan to stay there a little longer. Many people choose to study in this … Read more
Mastercard has obtained preliminary approval to create and operate bank cards in RMB. Mastercard’s activity in China is gaining access to the $27 trillion payments market (2018) as part of the financial opening of China. The new Mastercard project is … Read more
China is the world’s biggest e-commerce market. It has over 50% of e-commerce sales, totaling to 2.78 trillion USD. Among the products that the Chinese buy online are clothes, cosmetics, electronics, and even fresh produce (more than 50% of customers). … Read more
Foreign brands in China are popular, especially among the Chinese middle class and younger generation. The Chinese crave the “American lifestyle,” resulting in the popularity of brands such as Starbucks, Apple, and KFC. Purchasing American or European products is an … Read more
Not long ago, the share of imports in the Chinese food market was very low (4% in 2007). But the situation changes very fast. The purchasing power of the Chinese people rises along with the appetite for imported food and … Read more
The E-commerce market grows in size year after year. Which country is on the top? The answer is China. China is the biggest eCommerce market in the world. How did Chinese B2C e-commerce become so big? Chinese B2C ecommerce In the … Read more
Over the years, many web pages have been blocked in China. The long blocklist was extended to include Wall Street Journal and Reuters. These are not the only English-language web pages that cannot be accessed from China. It is all … Read more
The Chinese e-commerce market is expanding. The added value of the digital economy in China accounted for more than 38% of the country’s GDP. Almost ¼ of physical goods (FMCG) were bought online, compared to 4% in the US. It … Read more
The growing importance of China is reflected not only in the big number of Chinese companies making big investments overseas but also in the influx of foreign nationals into China. If you do business in China and plan to go … Read more
A typical internet user has several habits that he formed over the years. If we want to search for information, we usually open Google even without thinking. The corporation from Mountain View has practically monopolized the world’s internet search market, … Read more
Tablets and smartphones have conquered the Chinese market. There are over 970 million smartphone and 460 million tablet users in China. There is a lot of potential in the Chinese mobile apps market. Tencent Holding, which developed popular QQ messenger … Read more
Android is the most popular mobile operating system in China. It holds a share of about 78% of the Chinese market. The second most popular is iOS, with a share of about 21%. How is Android in China possible if … Read more