With the upcoming Double 11 shopping festival just around the corner, China’s leading e-commerce giants, JD.com and Alibaba, are pouring substantial investments into the Hong Kong market. Both companies are ramping up efforts to capture market share with aggressive campaigns that go beyond simply offering free shipping.
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9 Chinese cities top Global Best City Brands
In the latest Brand Finance report, Hong Kong has been crowned the top city brand in China, securing the 41st position globally.
China domestic tourism saw over 2.8 billion person-trips in H1 2018
China’s domestic tourism saw 2.826 billion person-trips in the first half of 2018, an increase of 11.4% year-on-year. Among them, urban residents went on 1.997 billion person-trips, increased by 13.7% compared with the 829 million person-trips made by rural residents, an increase of 6.3%, according to National Ministry of Culture and Tourism.
Hong Kong retail sales recovered in Sept 2017
Growth in Hong Kong retail sales remained positive in September 2017, up 1.5%year-on-year, according to the latest Mastercard SpendingPulse™ Hong Kong Report.
China National Day (Golden Week) Tourism 2017
Southeast Asia received the most Chinese tourists during this year’s National Day holiday according to a recent report by WeChat.
Hong Kong inbound tourism overview for H1 2017
The Hong Kong Tourist Board (HKTB) announced on July 31st that the total number of visitors arriving in Hong Kong in June was over 4.2 million, down 1.9% from a year earlier.
Top 10 favorite cities by Chinese in 2017
Shanghai is the most popular city among Chinese, followed by New York, according to an Ipsos survey. Check out the top 10.
China outbound tourists spent US$261 bn overseas in 2016
China continued to lead international outbound tourism with a 12% increase in spending in 2016, followed by the United States, Germany, the United Kingdom and France as top five spenders according to UNWTO.
Mainland visitors accounted for 75% arrivals in Hong Kong in 2016
Travelers from mainland China contributed 35% of Hong Kong’s total retail sales in 2016, which is up from 15% 10 years ago.
Chinese consumers’ confidence continued to rise in 2016
Chinese consumers’ confidence continued to rise in 2016 according to Mastercard Index of Consumer Confidence. The outlook in China (80.8, +4.8) continues to increase due to improvement across all five components, with Stock Market (+9.1) contributing the most to the increase.
Android Pay launched in Hong Kong
Google launched Android Pay yesterday in Hong Kong to speed through purchases in stores and in apps.
China’s Top 20 Inbound Tourism Regions in Jan 2016
Hong Kong, Macau and Taiwan were the top three inbound tourism sources in January 2016 according to China National Tourism Administration. Also read: China Travel Market Overview for Q4 2015
Chinese Outbound Tourists Spent $229 Billion Shopping in 2015
China had 109 million outbound tourists who spent a total amount of US$229 billion on shopping in 2015 according to GFK. China was the largest outbound country in the world.
220 Million Chinese to Travel Overseas in 2025
A total number of 220 million Chinese residents will travel overseas with a total spend of $450 billion in 2025 , up from 120 million residents spending $250 billion in 2015 according to Goldman Sachs’ report.
China Travel Market Overview for Q4 2015
As of 31 December 2015, the number of travel agencies in China reached 27,621 according to China National Tourism Administration.