The post-95s refers to teenagers born between 1995 to 1999 in China. The number of post-95s accounts for about 78 million in China and they will become the driving force of Chinese consumers in 5 to 10 years.
Alipay’s Offline Expansion in 2015
Alipay is the largest third-payment online payment platform in China. And, Alipay is not satisfied to be only an online payment solution and made great attempts expanding offline in 2015.
Thailand Chinese Travelers to Exceed 8 Million in 2016
Chinese tourists paid 7,934,700 person-trips visits to Thailand in 2015 with an annual increase of 91.62% which has set a new record according to Tourism Authority of Thailand.
Chinese Women Bought US$31.39 Billion Cosmetics in 2015
Total retail sales of cosmetics reached 204.9 billion yuan (US$31.39 billion) with an increase of 8.8% in 2015. This was the first time that the total annual retail sales of cosmetics topped 200 billion yuan (US$30.64 billion) in China.
WeChat Marketing Insights in 2015
With the development of mobile internet and smartphones, users’ spending habits tend to transform to the mobile end. Companies utilized WeChat official accounts to promote products and brand. Most countries hope to reach potential consumers through WeChat OA according to WEMCB research.
China Cross-border Transactions to Reach US$1 Trillion in 2016
China had more than 5000 different types of cross-border online platforms serving over 200,000 companies of e-commerce operations in 2015. Driven by the rapid growth of e-commerce, small and medium e-commerce companies has become a new growth focus in China.
Chinese Tourists Spent Over US$30 Billion in Japan in 2015
The total number of 19.74 million foreign tourists visited Japan with a total consumption of 3.47 trillion yen (US$0.03 trillion) in 2015 according to Japan Tourism Organization. China was the largest inbound travel market of Japan in 2015.
China’s Mobile Reading Insight 2015
China’s mobile reading market reached 2.47 billion yuan (US$0.38 billion) including reading on web pages, Weibo, WeChat, mobile news apps, mobile reading apps, etc. as of June 2015 according to Analysys.
China Travel Insights for Chinese New Year 2016
China’s post-70s and post-80s drive the outbound tourism market during Chinese New Year in 2016 according to lvmama.com. Hainan and the northeastern regions are popular domestic travel destinations. Japan and South Korea are popular outbound destinations during CNY in 2016.
China B2B Market Insights 2016
Overseas new users increased rapidly on Alibaba.com in 2015, particularly in Europe, America, and the Middle East. Domestic merchants on 1688.com spent much time online and CXT users spent 47 hours on average in receiving their first orders in 2015 according to Alibaba. Alibaba is predicted to keep growth in sales and users in 2016.
Retail Sales of China Consumer Goods Exceeded $4,573B in 2015
Total retail sales of consumer goods reached 30,093.1 billion yuan (US$4,573.5 billion) with an annual growth rate of 10.7% in China in 2015. Online retail sales reached 3,877.3 billion yuan (US$589.3 billion) with an annual increase of 33.3% in 2015.
China Consumer Trends in 2016
Both traditional retail brands and start-ups are striving to convert consumers’ interests into a sustainable business in 2016. Customers want to see and experience the world at all times. China is entering “she-economy”. More people are realizing the importance of healthy lifestyle according to Mintel.
China Digital Consumer View 2015
92% Chinese use smartphones ‘all the time’ according to WBR Digital. 70% Hong Kong consumers have bought something as a result of receiving a marketing e-mail.
Top 30 Chinese Cities by GDP in 2015
China’s gross domestic product (GDP) reached 67.6708 trillion yuan (US$10.2872 trillion) with an increase of 6.9% YoY in 2015. The growth rate hit a record low since 1990 according to National Bureau of Statistics.
China Mobile Gaming Market Insights 2015
China mobile gaming market rose to US$6.5 billion in 2015 according to Newzoo. China’s overall mobile gaming market declined in active ratio in 2015 according to TalkingData. Mobile chess games were popular among China mobile players in 2015.