Focus on China’s US$22 billion skincare Market

China’s US$22 billion skincare market will keep on developing as ladies gain modernity and switch towards progressively premium brands, with low per capita spending on items likewise giving sufficient space to brands to develop their organizations, as indicated by a report discharged for the current week.

Read more https://businessserviceschicago.com/the-amazing-business-of-skin-care-in-china/

Understand the China Skincare market

Chinese drinkers consume more alcohol than the Brits and Australians

Crazy but true Chinese drinkers consume more alcohol than the Brits and Australians 

source 

the authors cite statistics from the World Health Organisation’s Global Status Report on Alcohol and Health 2014. While more than half of the Chinese population aged 15 years and older are teetotal – 42 per cent of men and 71 per cent of women in 2010 – those who do drink averaged 15.1 litres of pure alcohol in 2010. 

Top Alcohol Trends in China

source

Baijiu is China’s customary soul and, because of the nation’s tremendous populace, is the top rated soul on the planet. Since 2017, baijiu deals have ascended by 38.5%, coming to $286.5 million. While deals by volume dropped by around 20%, a lofty 72% expansion in baijiu costs saw the classification flourish regarding esteem.

Alibaba CEO Jack Ma VS Tesla CEO Elon Musk

2 big MEN speak about AI and Digital in China

Alibaba co-founder and executive chairman Jack Ma and Tesla CEO Elon Musk hold a debate in Shanghai over artificial intelligence.

Who is more Pertinent you think? 

Read also: 

• AI and E-Commerce in China 
• Alibaba & Taobao (Jack Ma empire)

Questions about E-Commerce in China

Why Alibaba purchase Kaola in China? 

Actually the deal is not settle BUT
According to two people familiar with the matter, Alibaba has to acquire rivals Netz’s cross-border online shopping platform, as China’s highly competitive $ 2tn ecommerce market takes the initial steps toward stability.
https://mihuexpress.com/why-alibaba-purchase-kaola-in-china/

What is the Future of E-Commerce in China? 

Good question answer on this blog technologyfortomorrow.co.uk

KOLs are the next BIG thing in China

Really good article on salsatechie

Influencers are the next BIG thing in China

As indicated by one late report, the quick development of the business’ gross product volume (GMV) is set to hit US$185 billion this year and reach US$400 billion by 2021.

http://salsatechie.com/influencers-are-the-next-big-thing-in-china/

user-generated content. Little Red Book

From http://www.movablemark.com/full-guide-leading-chinese-social-commerce-little-red-book/

A platform that runs user-generated content. Little Red Book is a social shopping app that not only lets consumers discover products but most importantly, share their opinions and recommendations when trying out different products. The platform is primarily comprised of user-generated content, which aims to promote social word-of-mouth business.

 A positive review on the app requires honesty and credibility, thus making the Little Little Red Book a must-have for your successful campaign. Generally, Chinese female users 18 to 35 years old check this app whenever they intend to buy certain products or even look for lifestyle tips and hacks. So, we’ve summarized 18 topics that are included in the Little Red Book, which lists the cosmetics and fashion categories as the most-posted titles.