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Why China Market Research must Examine Culture
09Dec

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 […]

The economy of Wuhan: A hub of commerce, education, industry and politics
06Dec

The economy of Wuhan: A hub of commerce, education, industry and politics

Summary of the GDP of Wuhan The GDP of Wuhan reached RMB 1,484 billion in 2018 with a YOY increase of 10.7%, accounting for 1.6% of China’s total GDP in 2018. Ten years prior, the GDP of Wuhan was RMB 396 billion, accounting for 1.3% of China’s economy. With an overall GDP of almost RMB […]

The health insurance market in China
25Nov

The health insurance market in China

Overview of the medical insurance market in China The healthcare market in China is diversifying and growing rapidly. Medical expenditures reached 357 billion US dollars in 2011, and are predicted to continue growing up to 1 trillion US dollars by 2020. Healthcare in China includes both public and private sectors. With at least 95% of […]

Stabilizing China’s agriculture: The agriculture insurance market in China
20Nov

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 […]

J-beauty and K-beauty in China: Key players in Chinese cosmetics market
18Nov

J-beauty and K-beauty in China: Key players in Chinese cosmetics market

Market overview of J-beauty and K-beauty in China In the Chinese cosmetic’s market, there is strong influence from the neighboring countries Korea and Japan. Known as K-beauty and J-beauty, East Asian fashion from Korean and Japan has successfully penetrated China’s beauty industry, which is the second largest beauty industry in the world. According to Euromonitor, […]

The travel insurance market in China: Strong demands from the growing tourism industry
15Nov

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 […]

Daxue Talks transcript #11: Features of China’s FMCG market
15Nov

Daxue Talks transcript #11: Features of China’s FMCG market

Find here the Daxue Talks episode 11. From the talk with Igor learn in 2-5 minutes about the features of China’s FMCG market. Full transcript below: My name is Igor Temirov, I’m an expert in developing foreign markets and for the last five years, I have been in China, helping several companies to enter the Chinese […]

The auto insurance market in China
11Nov

The auto insurance market in China

Brief history of auto insurance in China People Insurance Company of China (PICC) provided the first local car insurance in China in the year 1950, which ended foreign monopoly in the industry. Most consumers in China were not aware of auto insurance at inception. In 1980, auto insurance in China was gradually promoted along with […]

Daxue Talks 11: How to enter China’s online FMCG market in 2019?
08Nov

Daxue Talks 11: How to enter China’s online FMCG market in 2019?

Enter China’s online FMCG market The next guest on Daxue Talks is a Russian expert in developing foreign markets, Igor Temirov. In this China business vlog, we unveil the recipe for a successful entry into the Chinese FMCG market, what to expect and what to be prepared for. Jump to the questions: 0:31 What are […]

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Daxue Consulting is one of the most active sources of information on the Chinese market. Our newsletter delivers information on the Chinese market as well as the innovative data-collection methods. We also post daily on Western and Chinese social media up-to-date articles on various markets in China and we have been regularly quoted in many media such as The Financial Times, The Wall-Street Journal, South China Morning Post or China Daily. Our team leverages a multiple-methodology approach in order to provide the most tailored knowledge to our clients. We especially auction traditional methodologies as well as technology-driven tools.

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