Global Wave Today

Connect Needs & Opportunities Globally

When you consider the sheer number of potential consumers in China and their growing purchasing power, you soon realize that they’re a nation that can’t be ignored if you’re searching for a new avenue for your business. Its low labor costs and opportunity for high profits make China a very attractive market to do business.

FACTS ABOUT CHINA

• China has a population of over 1 billion. That's a lot of consumers
• 8 million Chinese are Internet users - a figure that's growing by 5% each month!
• A priority of the Chinese government is to stimulate consumer consumption nationwide
• China's middle class is rapidly emerging and will soon be the nation's top consumers
• Online shopping in China has skyrocketed, while the percentage of its netizen of Chinese total population is much less than that of United States. (38% comparing to 73% respectively)

It is vital to understand local business practices, rules, regulations, culture and society. Companies that have been successful in China have dealt with and acknowledged that Chinese consumers are sophisticated, there is sharp global competition and the culture and language can be tough hurdles to jump.

Global Wave Today leverages its combined U.S. and Chinese business experience to help businesses navigate these obstacles.

According to a leading newspaper survey in China, 300 million online users and 63 million online shoppers made China a fantastic new market for sellers. China boasts the largest online population in the world! Online shopping will have increasingly more appeal as the wave of Chinese consumers moving from cash to credit card transforms buyers shopping habits to the ease of shopping online.