Why China Market Research must Examine Culture
China has enormous geographical disparities and socioeconomic variations across its regions. Consumer preferences evolve rapidly and sometimes even erratically. These cultural considerations should be taken into account when conducting China market research. It poses unique challenges to dominant and maintain dominance in the Chinese market. For instance, Uber, the senior leaders of Uber did their […]
What to know about the newest special economic zone in China: Xiong’an New Area
What is a special economic zone in China? In the late 1970s and 1980s, the Chinese began experimenting with capitalism by opening up special economic zones in coastal areas. These special areas were allowed special economic rules separate from the rest of the country. For example, foreign investment and companies in these areas faced lower […]
Daxue Talks 16: Rules and regulations of copyright in China
Rules and regulations of copyright in China This episode features Gabriel Yu, who is a lawyer with 7 years of working experience with a specialty in labor law, company law, intellectual property rights, trademark, copyrights, international trade, and banking law. In this China business vlog, we ask Yu the most common questions related to copyright […]
Good news for foreign companies: The ease of doing business in China is increasing
This October, the World Bank released its annual ‘ease of doing business’ report. This year, the report is called “Doing Business 2020.” It showcases the progress that countries have made to improve their business climates during the last year. Perhaps as a surprise to many, the ease of doing business in China has improved at […]
A guide to the non-life insurance market in China | daxue consulting
Non-life insurance market in China Following economic growth and the accumulation of wealth comes the need to protect ones belongings. Many segments of the non-life insurance market in China are growing and creating opportunities for both foreign and domestic companies. The auto insurance market in China: Following China’s car boom China’s auto insurance market can […]
Stabilizing China’s agriculture: The agriculture insurance market in China
Overview of the agriculture insurance market in China Agriculture insurance in China belongs to the non-life insurance market. It is usually purchased by agricultural producers to protect loss of or damage to their crops or livestock, against natural disaster and other uncertainties that would eventually effect the prices of agricultural commodities. China’s agricultural insurance market […]
SINGLES’ DAY 2019: Record breaking sales and a Glance at the Future of E-commerce in China
What does singles’ day 2019 say about the future of e-commerce in China? The double-eleven shopping festival has gone far beyond just a holiday for single people. It has become this 24-hour snap-up festival with nearly a half billion participants. This year’s double-eleven sales were, once again, record breaking. Now let’s take a glance at […]
The travel insurance market in China: Strong demands from the growing tourism industry
As a key part of the non-life insurance market, China is one of the largest tourism markets for both domestic and overseas tourists. In 2018, Chinese tourists made about 150 million trips overseas, and there were 55 billion trips within China. The drivers of the travel insurance market in China include higher disposable incomes, simplified […]
The liability insurance market in China: Key players, consumer perceptions and opportunities
Liability insurance belongs to the non-life insurance market in China or the property and casualty insurance market in China. It protects the insured party against claims resulting from injuries or damages to other people or property. The policies cover both legal costs and other compensations if the insured party was found legally liable. Any entity, […]
How to build a mass brand in China’s consumer goods market?
China market research: The expansion of the Chinese diaper market | daxue consulting
At the turn of the millennium, the Chinese diaper market was practically inexistent. In fact, until that moment, Chinese Families had relied on the so-called split-pants —in Chinese 开裆裤Kai Dang Ku. These baby pants have a large opening right on the backside of the garment, which is specifically designed to allow the toddler to relieve […]
Daxue Talks 4: How to start an online business in China
Start an online business in China The second guest of the Daxue Talks show is Olivier Vérot, the founder of the Gentleman Marketing Agency (GMA). In this China business vlog, we clarify the difference between cross-border and e-commerce businesses in China. Also, we learn about the requirements to use Tmall Global. Jump to the questions: 0:23 What are […]