Arab Today, arab today chinese online shopping boom reaches japan
Last Updated : GMT 00:08:27
Arab Today, arab today
Arab Today, arab today

Chinese online shopping boom reaches Japan

Arab Today, arab today

Arab Today, arab today Chinese online shopping boom reaches Japan

Beijing - XINHUA

An online sales boom that has swept through young Chinese is now cheering up sellers in Japan and the Republic of Korea. The volume of goods purchased by Chinese online shoppers from overseas websites has more than tripled in the first half of the year, according to the county\'s largest third-party payment platform, Alipay. According to a report released on Monday by Alipay, a subsidiary of the e-commerce giant Alibaba Group, the volume of overall purchases by Chinese netizens via the platform in the first six months rose 219 percent year on year, in comparison to a rise of 117 percent recorded in 2012. Alipay said Chinese online shoppers usually prefer to buy from Europe and America. However, they are now shifting to the Japanese and South Korean markets, where growth is highest. Partly thanks to the dramatic depreciation of the Japanese yen, the online purchase volume of Japanese commodities more than quadrupled to over 4.1 billion yuan (661 million U.S. dollars) in the first half of the year, while purchases from South Korea also leapt by 160 percent, according to Alipay. Sources with Alipay said the company expects purchases from the two countries to exceed 10 billion yuan for the whole year. \"It\'s cheaper to buy Japanese and South Korean goods on the Internet, because the prices of many such goods are only 60 to 70 percent of the prices in China,\" said 24-year-old Gu Zimei from Beijing. Statistics from Alipay show that most of the online shoppers are from big cities like Beijing, Shanghai and Guangzhou, and they are mostly young people in their 20s and 30s. The statistics also reveal that cosmetics and garments are most purchased by Chinese online shoppers, while household appliances, food and air tickets are popular too. Chen Liang, a researcher at Alibaba\'s research center, said e-commerce has clearly stimulated overseas consumption. \"The young generation has demonstrated their great potential for consumption, and more countries will take a keen interest in this,\" Chen said. E-commerce has developed rapidly in China in recent years and it is gaining more support from the authorities. The foreign trade department under the Ministry of Commerce is mulling supportive policies to promote foreign trade services via e-commerce, the China Securities Journal reported on Monday. These policies would build a green channel through custom clearances, tax rebates, financing, inspection and other sections in the process of foreign trade via e-commerce platform, according to the newspaper. The policies are expected to be released this year, sources with the Ministry of Commerce said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese online shopping boom reaches japan Arab Today, arab today chinese online shopping boom reaches japan

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese online shopping boom reaches japan Arab Today, arab today chinese online shopping boom reaches japan

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Trump: End of Daesh is in sight

GMT 20:29 2017 Monday ,23 October

Trump: End of Daesh is in sight
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday