The retail industry is one of the most promising fields of business in China for the near future. The upward trend of the Chinese GDP is likely to continue for years to come.
The contribution of merchandise trade to China’s overall GDP reached 36.8% in 2017.
eCommerce in China
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The number of employees in the Chinese e-commerce industry has increased dramatically from 15,900,000 in 2012 to 28,300,000 in 2017.
The number of online shoppers has also expanded from 33.57 million in 2006 to 533.33 million in 2017 (an increase of 1488%!)
The forecast is that eCommerce in China will grow by 17.4% on average each year, which is higher than in the US (8.5%), Europe (8.8%) and the rest of the world (12.1%). By numbers, it means the eCommerce revenue in China will grow from 376.2 billion to 839.5 billion USD by 2021
Tentative agenda
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Beijing:
April 8th: Visit 2 HQs of leading companies. Potential companies: JD.com, Meituan Dianping, DHGate & MissFresh.
• Networking cocktail reception with executives from leading companies.
April 9th: Visit 2 HQs of leading companies. Potential companies: COFCO, UDC Group, Yintai & Lining.
Shanghai:
April 10th: Visit 2 HQs of leading companies. Potential companies: Alibaba, Netease, Suning & Golder Eagle.
*All visits will include Israeli companies' presentations following Q&A
Costs
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Regular rate for Israeli companies: $2200
Special rate for Export Institute members: $1100
The price includes exposure in all the marketing materials (including translation into Chinese), B2B meetings' scheduling, side event, transportations inside the cities, logistics and lunches.
