CHINA E-commerce brings quality China-made products to the world

CHINA

E-commerce brings quality China-made products to the world

Global Times

05:46, December 15, 2017

The rapid development of e-commerce is bringing more and more quality China-made products to consumers around the world, Economic Information Daily reported on Dec. 13.

Export transaction of China’s cross-border e-commerce reached 2.75 trillion yuan ($415.3 billion) in the first half of 2017, up 31.5 percent on a year-on-year basis, according to a report released by China’s Ministry of Commerce.

Statistics by Chinese e-commerce giant JD.com shows that Chinese-made products, including the most popular smartphones, household appliances, toys, household supplies, and outdoor sports equipment are sold to over 200 countries and regions in the world.

Chinese electronics giant Hisense also disclosed that 520,000 of its televisions were sold out in less than 24 hours on the “Black Friday” in the United States.

E-commerce now offers a convenient way for Chinese products to go global, said Cao Lei, director at China Electronic Commerce Research Center.

In recent years, Chinese enterprises have been improving the quality of their products, technologies, and price competitiveness, which will benefit global consumers through rapidly-developing e-commerce platforms, Liu Bing, head of Shandong Macro-economy Research Institute noted.


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