Premium goods surge on cross-border apps
Chinese consumers are increasingly purchasing premium or niche consumer goods.
Source: independent.co.uk
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Demand for imported goods grows among cross-border shoppers
Chinese consumers have shown vibrant purchasing power for exquisite and premium consumer goods, with their spending on imported and foreign-branded products becoming a key driver for upgraded consumption, according to industry insiders.
Source: chinadaily.com.cn
Amazon smells sweet gains of Black Friday
US tech company Amazon is looking to further cash in on the Black Friday shopping carnival from Chinese buyers, as young consumers in China have shown vibrant purchasing power for diversified and personalized overseas products via cross-border e-commerce platforms, industry experts said.
Source: chinadaily.com.cn
Amazon's first front-end bonded warehouse to settle in Ningbo
Amazon announced on Nov 5 that the first front-end bonded warehouse for its Global Store will be settled in Ningbo, Zhejiang province, in 2023, Ningbo Daily reported on Tuesday.
Source: chinadaily.com.cn