China’s e-commerce turnover up 22% in 2010
E-commerce turnover in China jumped 22 percent in 2010 from a year earlier to 4.5 trillion yuan (681.82 billion U.S. dollars), an industry report said on Tuesday. Online retail sales almost doubled to 513.1 billion yuan, according to the report released by the China e-commerce research center. The report estimated that online retail sales would double to hit 1 trillion yuan in the next two years, taking up more than more than 5 percent of the nation’s total retail sales. Zhang Zhouping,...
Read MoreOnline group purchase to balloon in 2011
China’s online group purchase market is expected to reach 16.5 billion yuan ($2.45 billion) in 2011, accounting for about one percent of all online retail sales, according to a recent industry report. The sales volume of group purchases in the second half of 2010 totaled 1.79 billion yuan, with that in December alone reaching 401 million yuan, tuan800.com, a group purchase navigation site said in its report released in January, 2011. It estimated the sales volume for the whole year of...
Read MoreIncoterms 2010
The Incoterms 2010 published by the International Chamber of Commerce (ICC) are effective as of Jan. 1, 2011. The Incoterms 2010 are arranged in two categories as follows: Rules for Any Mode of Transport: CIP — Carriage and Insurance Paid CPT — Carriage Paid To DAP — Delivered At Place DAT — Delivered At Terminal DDP — Delivered Duty Paid EXW — Ex Works FCA — Free Carrier Rules for Sea and Inland Waterway Transport Only: CFR —...
Read MoreSurvey result for future meetings
Dear friends, thanks for doing the survey for future meetings. Really appreciate your enthusiasm and efforts. According to the survey up to now, the future meetings would be held in English monthly at certain Saturdays from 1pm to 5pm/6pm in Nanshan or Shekou. For the 2nd meetup, it will be after Chinese New Year holiday, either Saturday Feb. 19 or Saturday Feb. 26. For the topic, we now have top 3 topics from the survey: English (Export) Ecommerce, English SEO and English Social...
Read MoreSurvey for future meetings, need feedback
Dear attendees of last Saturdays’s 1st Shenzhen Ecommerce Meeting, I was overwhelmed a bit with the great turnout of both Chinese and Foreigners at last Saturday’s event. As promised, I am sending out this email to get more feedback from you guys on what you want from this Kindly take this short survey, link as follows: http://survit.com/mysurvey.php?A1=1537640&B1=752215 Also, to centralize everyone on 1 website for updates on events, MAPS, and directions for future events,...
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