Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Chinese online consumption of domestic brand products quickens in 2018: report

May 13, 2019


Abstract : Chinese consumers are spending more on domestic brands online as Chinese companies keep improving the design and quality of their products, a report showed.

BEIJING, May 13 (Xinhua) -- Chinese consumers are spending more on domestic brands online as Chinese companies keep improving the design and quality of their products, a report showed.

The increase of total online orders of Chinese products was 8 percent higher than that of foreign brand products in 2018, according to a report released by a think tank with the China Economic Information Service based on data from e-commerce platform JD.com.

The growth of the total sum of orders of Chinese products was 14 percent faster than that of products made by foreign firms last year.

Chinese brands also saw more online orders for products such as maternal and child products, whose markets were dominated by their foreign counterparts last year.

The country's top-tier cities reported stronger spending power of domestic products, and the enthusiasm for Chinese brands was robust among young people, the report showed.

Friday marked the country's third Chinese Brands Day, which falls on May 10 each year to promote the development of more premium Chinese brands.

Scan the QR code and push it to your mobile phone

Keyword: consumers

Reading:

Chinese online consumption of domestic brand products quickens in 2018: report

Higher consumption of nuts predicted among health-conscious Chinese: report

Haier (Pune) Industrial Park: lighting up the life with intelligent manufacturing

Uzbekistan opens to Italy on smart cities and free trade zones

Sofa producer Calia expands toward China, plans for 40 store openings

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial