Connect with us

Foreign

Imported commodities see surging sales during China’s mid-year online shopping spree

Published

on

By Kong Dechen, People’s Daily

The “618” online shopping festival, which occurs annually on June 18 in China, has not only garnered the interest of Chinese consumers but also attracted brands from all over the world. Many foreign enterprises joined this event to captivate Chinese consumers and expand their presence in the huge Chinese market.
During the first four hours of the shopping spree, over 10,000 brands saw their sales skyrocketing more than five times year on year on JD.com, a major Chinese e-commerce platform, with a notable presence of brands from overseas.
During the same period, 1,479 foreign brands saw their transactions double from the previous year on Tmall Global, an e-commerce platform under Alibaba that addresses Chinese consumers’ growing demand for international products. “The platform welcomed 342 new brands during this year’s shopping festival, all of which demonstrated impressive performance,” said an employee of Tmall Global.
Many well-known foreign brands, including those specializing in cosmetics and health supplements, were actively engaging in the shopping festival. For instance, Mistine, a cosmetics brand in Thailand, stocked over 1.9 million products, with 1.2 million items newly imported to China. WHC, a Belgium-based health brand, prepared over 650,000 units of high-purity fish oil, with 10,000 units for its Tmall debut and 160,000 promotional gifts, all flown to bonded warehouses.
“China has introduced policies and measures to boost consumption this year, aiming to revitalize the consumer market and unleash consumption potential,” said Wei Jigang, deputy director-general of the Center for International Knowledge on Development.
“The ‘618’ shopping festival provides insights into how Chinese consumers’ shopping patterns are evolving, based on their shopping carts,” said Wei.
A prominent shift can be seen in the rising sales of imported products, such as cosmetics, health supplements, and sporting goods, indicating new trends and growth drivers in China’s consumer market, along with the country’s continuous expansion of imports, Wei explained.
Imported health and nutritional supplements were highly favored by Chinese consumers during this year’s shopping festival. According to an executive of Tmall Global, health and beauty brands remain a substantial part of the overseas brands that have entered the Chinese market. Nutritional and anti-aging products are currently the fastest-growing new segment in the health category of the platform. There was also notable growth in premium alcoholic beverages and imported luxury goods.
A “retro” trend swept across consumers. According to statistics from Tmall Global, the sales growth of imported digital cameras doubled within the initial 4 hours of the festival. The retro-styled Japanese brand Olympus, in particular, saw an eight-fold increase in transactions.
Besides, there was a remarkable increase of 518 percent in the sales of motorcycle equipment, particularly helmets, and a 248 percent growth in overall transactions of imported CDs and DVDs on the platform.
The sports segment remained a highlight, with hiking, cycling, and water sports gear emerging as three new major trends in outdoor sports consumption.
According to Du Guochen, head of the e-commerce research institute of the Chinese Academy of International Trade and Economic Cooperation, a think tank under China’s Ministry of Commerce, cross-border e-commerce has experienced rapid growth in recent years. Online sales have continued to grow rapidly in markets like Southeast Asia, Latin America, the Middle East and Africa, India, and South Korea, said Du.
“Japan, South Korea, and the United States are the main sources of imports for China, from which China buys cosmetics, clothing, and footwear. Southeast Asian countries remain the major destinations of Chinese exports, with a continuous improvement in the types of exported products and constant growth in high-tech product exports,” Du explained.
To accommodate the growing cross-border e-commerce demand, Chinese platform companies are dedicated to enhancing their transport capacity.
For instance, Cainiao, a world-leading cross-border e-commerce logistics company based in China, updates its parcel volume prediction every day through artificial intelligence (AI) technology. If parcel volumes surged across its core economic zones, the company would promptly launch direct logistics routes, said an executive of Cainiao.
According to statistics, during this year’s “618” shopping festival, the number of Cainiao’s sorting facilities in operation decreased from the usual levels, resulting in cost reductions and improved parcel flow.
Expanding imports is integral for boosting consumption. “From a global perspective, China’s increase in imports provides great opportunities for countries around the world to tap into the Chinese market and promote economic growth,” said Wei.
“From the Chinese perspective, the imports of high-quality products and services are essential for China’s high-quality economic development and for improving people’s life quality. Besides, expanding imports can better build China into a trade powerhouse. Moving forward, China will continue to improve its import structure and increase the proportion of imported consumer goods, especially high-end products,” said Wei.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Foreign

China’s new chapter in global innovation

Published

on

By Gu Yekai, Liu Yiqing, People’s Daily

At a smart construction project site managed by China State Construction Engineering Corporation, a quiet technological revolution is underway. Amid cranes and concrete, engineers are deploying advanced artificial intelligence (AI) systems that could fundamentally reshape the construction industry.

Li Fengjian, an AI specialistwith Xianyuan Technology, detailed how the company’s latest intelligent system – built on a large model – adapts to complex construction environments.”Engineering machinery equipped with intelligent agents can adjust its operations automatically in response to weather conditions,” Li explained, adding that a spatiotemporal sensing network further enhances the system, providing real-time tracking of both personnel and materials throughout the construction site.

In February this year, Xianyuan Technology rapidly integrated its self-developed model with DeepSeek-R1, effectively blending a general-purpose framework with industry-specific models. This integration, Li noted, has produced a solution capable of delivering expert-level performance in challenging, dynamic environments. The firm is based in the Shanghai Foundation Model Innovation Center, aburgeoning AI incubator that now hosts over 200 innovative enterprises.

China’s technological transformation extends well beyond the construction sector. Overthe past three decades, the country has evolved from its initial forays into internet connectivity to becoming a key player in global digital innovation.

Here, a steady stream of technological innovations are emerging, from the early days of emails and web browsing to the cutting-edge technologies represented by DeepSeek and the dynamic evolution of social media.

Wu Jianping, an academician at the Chinese Academy of Engineering and headof the Zhongguancun Laboratory, pointed out that while China had introduced only one internet standard before 2005, it now contributes to over 200 worldwide. Such strides illustrate the country’s concerted push toward high-level technological self-reliance – a journey marked by both persistence and determination.

Beyond the digital realm, China is makingsignificant inroads in aerospace, new energy, and other high-tech sectors. It has transitioned from being a follower to standing shoulder-to-shoulder with global leaders, and in some areas, even taking the lead. Wu attributed these achievements to a dynamic ecosystem of policy reforms and talent cultivation that encourages creativity and technical expertise at every level.

Amid intensifying international competition, collaborative research and the integration of new technologies with traditional industries are central to China’s high-quality economic development.

Mei Linhai, a researcher at China’s State Key Laboratory of Cognitive Intelligence, remarked that the age of AI calls for continuous exploration. “In this era, everyone is an innovator. Only by persistently pushing the boundaries can we remain at the forefront of both technological and industrial development,” Mei observed.

In the field of general-purpose AI, Mei emphasized that independent innovation is paramount. He advocates for a self-driven industrial ecosystem that leveragesbreakthrough technologies to boost productivity and unlock new possibilities, Mei said.

Continue Reading

Foreign

Chinese democracy in action:a village bench meeting shapes national law

Published

on

By Wei Zhezhe, Liu Botong, People’s Daily

In a modest corner of Jiangmen, south China’s Guangdong province, residents of Weidong village are experiencing firsthand a form of democracy that starts at the grassroots level and reverberates all the way to Beijing.

Wu Tengxin, a local villager who relies on a scooter for daily mobility after contracting polio, recalls a time when the village’s public spaces were ill-equipped for people with disabilities. Now, thanks to a simple suggestion made during a meeting, his everyday life has changed.

In November 2022, a team from a local legislative outreach office – a branch of China’sNational People’s Congress (NPC) – visited Weidong village and set up a “bench-style meeting.” Residents, including the elderly and those with disabilities, gathered to voice their concerns about inadequate accessibility.

Amid the conversation, Wu offered a straightforward proposal: “I hope rural accessible facilities can be improved to make mobility easier for people with disabilities and the elderly.” His words were relayed verbatim to lawmakers.

The response was swift. On June 28, 2023, at the third session of the 14th NPC Standing Committee, legislators passed a law on building a barrier-free living environment. The law stipulates that improvements”shall align with social and economic development levels, coordinate urban and rural progress, and gradually narrow the gap in infrastructure between urban and rural areas.”

Today, Wu observes that the village’s main roads and public squares have been upgraded with accessibility features that make getting around considerably easier.

This episode illustrates what Chinese officials call “whole-process people’s democracy” – a system where citizen input is woven into every stage of policy development.

Jilie Ziri, head of Abuluoha village in Butuo county, southwest China’s Sichuan province, remarked that for young generations in China, democracy has become a lived experience. “Villagers are the masters of village affairs,” he said, emphasizing how active villager participation has injected new vitality into local governance.

Experts point to consultative democracy as a cornerstone of this process. Tao Kaiyuan, vice chairman of the Central Committee of the China Association for Promoting Democracy and vice president of the Supreme People’s Court, underscores the important role of the Chinese People’s Political Consultative Conference, whose members hail from every stratum of society and bring a wealth of expertise and connections.

Their regular forums, field research, and public consultations have created robust channels for citizens to contribute ideas and forge consensus.”This approach gathers collective wisdom and transforms public voices into policy,” Tao said.

Another crucial manifestation is the effectiveness of China’s political party system. Under the leadership of the Communist Party of China, Chinese democratic parties actively fulfill their duties, offering recommendations that often translate into concrete policy decisions. This integrated approach demonstrates the unique strengths of China’s political system and the advantages of whole-process people’s democracy.

Tao emphasized that whole-process people’s democracyhas evolved into an efficient and dynamic democratic practice – one that not only reflects the essence of socialist democracy but also presents a pioneering model of political civilization, contributing Chinese wisdom and solutions to global governance and democratic development.

Continue Reading

Foreign

Chinese modernization: blueprint for global progress

Published

on

By He Yin, People’s Daily

At China’s recent annual “two sessions,” Chinese modernization once again captured global attention. International observers are closely following a range of new measures designed not only to accelerate Chinese domestic transformation but also to unlock fresh opportunities for global development.

They believe that Chinese modernization, built on a foundation of openness and cooperation, will continue to yield global benefits with each new milestone.

Today, China stands as a formidable force in the global economy – accounting for around 18 percent of the global economy and nearly 30 percent of world manufacturing output. Year after year, the nation has contributed about 30 percent to global economic growth. With import and export records with almost all countries and regions designated in the United Nations Statistics Division, the country is a major trading partner for more than 150 countries and regions. In 2024, its exports to over 160 countries and regions saw growth.

Often hailed as the “world’s largest developing country,”the “second-largest economy,””world’s factory,””global market,” and “innovation powerhouse,” China is increasingly viewed as a beacon of stability and progress.

In recent years, high-profile events such as the seventh China International Import Expo – where intended deals exceeded $80 billion – and the establishment of over 1.239 million foreign-invested enterprises have reinforced the nation’s reputation as a vast, dynamic market.

Meanwhile, policies encouraging Chinese companies to “go global” have seen a steady stream of new technologies, goods, and services permeate international markets, knitting the country ever tighter into global value chains and bolstering its commitment to win-win cooperation.

The influence of Chinese modernization is evident far beyond its borders. In the Central African Republic, President Faustin-Archange Touadera has repeatedly screened China’s political documentary Carry the Reform Through to the End for cabinet discussions, while officialsin Uzbekistan are adapting China’s poverty-reduction experience to suit their national context. These moves challenge the assumption that modernization must follow Western models, suggesting that China’s alternative pathway offers a viable route to development.

Beyond economic growth, Chinese modernization is increasingly celebrated for its potential to foster win-win cooperation and shared prosperity.

Under the Belt and Road Initiative (BRI), for example, Kazakhstan secured its first maritime access and Laos launched its first modern railway. Support from the Global Development and South-South Cooperation Fund has propelled over 160 projects, benefiting more than 30 million people. Moreover, China has given all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines, signaling its commitment to an open and inclusive global economy.

China’s modernization agenda also tackles global challenges head on. In response to global environmental risks, China advocates for building a community of all life on the Earth. To bridge the digital and AI divide, it has launched the AI Capacity-Building Action Plan for Good and for All to ensure that technological advancements benefit every corner of the globe.

On the security front, China continues to promote dialogue and reconciliation in conflict zones while engaging in multilateral security collaborations, reinforcing its reputation as a nation committed to peace and stability.

By proposing initiatives such as the Global Development Initiative, the Global Security Initiative, and the Global Civilizations Initiative, China is not just charting its own course toward modernization but championing an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization – one that seeks to ensure that no nation is left behind on the path to prosperity.

The global appeal of Chinese modernization is far from accidental. Decades of reform and opening up have accelerated its development while enabling the country to contribute to global governance. On the international stage, it has taken on a leadership role – actively shaping global norms, building a community with a shared future for mankind, and advancing world peace and development. By sharing its successful experiences and technological advancements, the country seeks to help other developing countries chart their own courses toward progress.

With over 1.4 billion people engaged in this modernization journey – a number that surpasses the total population of all developed countries combined – China’s approach is redefining the global modernization landscape. For China, modernization is not solely a national endeavor but a blueprint for global progress – a vision that promises a more inclusive future for all.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.