Current location:Culture Connect news portal > business
Small Manufacturers Harness E
Culture Connect news portal2024-04-30 16:39:02【business】9People have gathered around
IntroductionContact Us HomeNewsHighlightACWF NewsSocietyWom
- Home
- News
- People
- In-depth
- ACWF
Small Manufacturers Harness E-Commerce
ByFan Feifei December 28, 2023Exhibitors introduce livestream promotions to visitors during an e-commerce expo in Hangzhou, Zhejiang Province. [Liu Lingyi/Xinhua] |
Report: New product categories shine as consumer choices evolve abroad
Niche sports products, intelligent hardware, smart home devices and customized small machinery equipment made by Chinese manufacturers are becoming popular among overseas consumers, whose demand for personalized commodities is rising, said a new report released by Alibaba.com, Chinese tech heavyweight Alibaba Group's business-to-business platform that helps facilitate foreign trade, on Wednesday.
The turnover of pickleball paddles surged 209 percent year-on-year in November, while baseball- and badminton-related products, and camping, hiking and other outdoor sports commodities have seen booming sales on the online marketplace, according to Alibaba.com.
Pickleball is a trendy, fast-growing sport that has enjoyed soaring popularity in the United States in recent years.
Alibaba.com said artificial intelligence technology has accelerated the popularization of intelligent hardware, with overseas consumers increasingly favoring consumer electronics products and small household appliances with innovative intelligent technologies.
Sales of wearable devices, virtual reality glasses and smart speakers rose more than 30 percent year-on-year in November, it said.
Overseas pet owners are willing to pay more for premium products, as the transaction volume of cat litter boxes and pet feeders jumped 102 percent and 128 percent year-on-year, respectively.
Small machinery equipment like laser engraving machines, laser printers and multifunction packaging machines that can meet the personalized demand of overseas Generation Z consumers (those born between the mid-1990s and early 2010s) have seen robust growth, the report noted.
Environmentally friendly products are increasingly favored by overseas shoppers. For instance, sales of straw tote bags and knitted fabrics made of organic cotton with antibacterial function increased 78 percent and 49 percent year-on-year, respectively.
Qin Fen, who is in charge of industries and merchant business at Alibaba.com, said the new wave of AI should encourage small and medium-sized Chinese manufacturers to improve their AI and digital capabilities to offer tailor-made products and satisfy wide-ranging demands overseas.
Cui Lili, director of the Shanghai University of Finance and Economics' Institute of E-commerce, said the popularity of made-in-China products in overseas markets shows these cost-effective commodities have gained wide recognition and burnished the image of Chinese brands abroad in recent years.
Fresh growth opportunities are emerging, Cui said, adding Chinese enterprises should make full use of cross-border e-commerce platforms to quickly meet demand from overseas markets, learn more about relevant laws, regulations and quality standards of other countries, and adjust supply chains to make products that meet local requirements.
China's cross-border e-commerce sector has seen robust growth in recent years. The import and export scale of the country's cross-border e-commerce reached 1.7 trillion yuan ($237.8 billion) in the first three quarters, up 14.4 percent year-on-year, according to the Ministry of Commerce.
As a new form of foreign trade, cross-border e-commerce has become an important driving force for bolstering the growth of China's foreign trade, said Zhang Zhouping, a senior analyst of B2B and cross-border activities at the Internet Economy Institute, a domestic consultancy.
An increasing number of Chinese merchants now sell their products to overseas markets via cross-border e-commerce platforms, which provide a new way for micro, small and medium-sized enterprises to expand their global footprint and build up new brands, Zhang said.
Overseas consumers have gradually boosted their awareness of, and trust in, Chinese companies and products, and maintain a favorable attitude toward Chinese brands, according to a white paper released by online media outlets Sina News and Huanqiu.com.
(Source: China Daily)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Address of this article:http://europaisland.arnoldview.org/content-34f599925.html
Very good!(781)
Related articles
- Obstructing China's reunification will pay a heavy price: Embassy spokesperson
- Half of China's Population Aged 65 to 69 Use Smartphones: Survey
- 15th Serfs' Emancipation Day Marked in Tibet, SW China
- Primary School Catches National Attention for Performing 'Left Foot Dance'
- Xi chairs CPC leadership meeting to review reports, regulations
- Grocery Store in Rural China Now Community E
- People Have Fun During Spring Festival Holiday
- China's drone industry reports robust development: data
- China formally starts across
- China Names Demonstration Cities for Childcare Services
Popular articles
Recommended
Chinese peacekeepers to DRC awarded UN Peace Medal
China Encourages Integrating Intangible Cultural Heritage, Tourism
Arrival of Yushui Sees Wave of Spring Farming Activities Across China
Yuntai Mountain Hanfu Huazhao Festival Kicks off in C China's Henan
Seasonal fishing ban lifted at some sea areas in SE China's Fujian
Lion Dance Integrated with School Education in Tengxian, S China
Nation's Population Drops for First Time in 6 Decades
Chinese Students Embrace Winter Sports at Ski Resorts in PE Class
Links
- Xi Encourages Friendly Personage to Push for Stronger China
- U.S. urged to stop sending wrong signals to 'Taiwan independence' separatist forces
- World Insights: How China Strives to Improve Global Human Rights Governance for a Better World
- Freight increases on China
- China successfully deploys Queqiao
- Xi Stresses Building Modern Chinese Civilization
- Yangtze town has a foot in the past and an eye on the future
- Xi Sends Congratulatory Letter to 15th Straits Forum
- Space station's coating tech enhances food preservation on Earth
- Shenzhen has a taste of France at food expo