Have you considered online selling in China?
EAB China Online is a new service from EAB specially for UK and EU businesses that want to take advantage of the trend for online selling in China.
The web development team operates from Xi’an and is led by our chief China representative Andy Caiger, supported by a group of bright young Chinese graduates with e-commerce experience.
We believe we have got something extra for companies that want to access the world’s largest market for online selling. Forecasts indicate that the Chinese market will grow to $176 billion by 2014!
Internet in China
Here are four things you may not know about the internet in China:
You cannot easily get access to Youtube, Twitter or Facebook in China.
- The most popular search engine is Baidu.
- Tencent QQ with 784 million active user accounts is a cross between AOL, Yahoo, Facebook and MSN. Tencent has a bigger market capitalisation than Facebook!
- Although traditionally the Chinese are a debt-averse lot about 30 percent of Chinese urban households now own at least one credit card, which can be used to make international purchases through the internet. Other payment systems based on cash or debit only work within China.
"Internet shopping and mail-order are huge in China now. The language barrier means that UK goods need to be sold on the internet in Chinese. This can be achieved either through appointing a Chinese representative to manage a web-shop on a local shopping site such as taobao.com or by having your own website translated into Chinese. There are pros and cons for both which I'm happy to discuss with anyone who is considering selling online in China. We would encourage more UK businesses to give trading in China some serious consideration!"