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South China Business Journal
E-commerce in Foshan: An Unstoppable Force
CITY FOCUS E-commerce in Foshan:
An Unstoppable Force
An e-commerce boom unlike any other •Accelerate the construction of Shunde’s e-commerce zone.
worldwide •Support the development of large-scale e-commerce platforms
•Promote the intertwinement between Internet and industry.
Throughout the last decade, e-commerce in China experienced •Provide public financing platforms for e-commerce enterprises
dramatic growth, turning the country into a global powerhouse •Turn Foshan into China’s top location for cross-border
in the field. Fuelled by the success of companies such as Alibaba e-commerce activities.
and JD.com, China’s vibrant e-commerce sector continues to
expand. According to statistics published by China E-Commerce Foshan leads the way for developing new e-commerce
Research Center, the sector grew by 31.4% in 2014, reaching a technologies. It is not only Foshan’s geographic location that
total market value of more than 13.4 trillion RMB (2.1 trillion supports the rise of a strong e-commerce sector, but also
USD). Rapid growth in the use of mobile devices will deepen this its commitment to innovation. Two examples of innovative
trend. Last year, Chinese consumers spent 929.71 billion RMB technologies developed in the sector are MFCN Online and
(148.16 billion USD) shopping from their smartphones and Chuangke. Lastly, and most importantly, a bonded zone operated
tablets, up 239% from 274.00 billion RMB (43.66 billion USD) by GT Logistics was inaugurated last month in Foshan.
in 2013, according to Chinese research firm iResearch.
Internet penetration has not yet reached 50% in China, but In Focus:
about 12% of its retail sales take place over the Internet. In the Alibaba in Foshan
US, Internet penetration is at about 87%, and e-commerce sales
only account for 7% of total retail sales. In addition, as Chinese Last April Alibaba (Foshan) Industrial Zone started its operations
consumers appetite for overseas products increase, cross-border in the Green Island Industrial Zone. By creating this new
e-commerce will grow at astonishing rates. As China draws up an platform, Alibaba intends to offer better services to its clients.
“Internet Plus” action plan to promote the healthy development Companies of traditional industries such as ceramics, home
of the Internet industry, Foshan is the perfect location from appliances and equipment manufacturing will greatly benefit
which to launch and e-commerce venture and thrive. from the presence of the Chinese giant in the city. Alibaba’s
initiative will contribute to improve Foshan companies’ access to
E-Commerce Innovation in Foshan international and domestic markets. A team of 30 highly trained
professionals, who are ready to provide top quality e-commerce
Every part of Foshan’s industrial chain is being influenced by services, run the Center. Over six thousand enterprises have
the rise of e-commerce, from product design and development requested information about Alibaba’s project. The Foshan
to manufacturing, sales and logistics. The local government government will continue to work closely with Alibaba to
has launched numerous initiatives to encourage companies to improve the facilities around the industrial zone.
maintain this innovation spree. For example, under a new policy
plan, over the next three years, Shunde district will strengthen Inquiries? Please contact us:
its position as the top center for e-commerce companies in the Foshan Investment Promotion Agency
PRD by building China’s most advanced e-commerce innovation Fsipc@126.com
zone by 2017. The plan contains six major guidelines: (86 757) 83280559
•Encourage manufacturers and traders to develop e-commerce
business.
18
E-commerce in Foshan: An Unstoppable Force
CITY FOCUS E-commerce in Foshan:
An Unstoppable Force
An e-commerce boom unlike any other •Accelerate the construction of Shunde’s e-commerce zone.
worldwide •Support the development of large-scale e-commerce platforms
•Promote the intertwinement between Internet and industry.
Throughout the last decade, e-commerce in China experienced •Provide public financing platforms for e-commerce enterprises
dramatic growth, turning the country into a global powerhouse •Turn Foshan into China’s top location for cross-border
in the field. Fuelled by the success of companies such as Alibaba e-commerce activities.
and JD.com, China’s vibrant e-commerce sector continues to
expand. According to statistics published by China E-Commerce Foshan leads the way for developing new e-commerce
Research Center, the sector grew by 31.4% in 2014, reaching a technologies. It is not only Foshan’s geographic location that
total market value of more than 13.4 trillion RMB (2.1 trillion supports the rise of a strong e-commerce sector, but also
USD). Rapid growth in the use of mobile devices will deepen this its commitment to innovation. Two examples of innovative
trend. Last year, Chinese consumers spent 929.71 billion RMB technologies developed in the sector are MFCN Online and
(148.16 billion USD) shopping from their smartphones and Chuangke. Lastly, and most importantly, a bonded zone operated
tablets, up 239% from 274.00 billion RMB (43.66 billion USD) by GT Logistics was inaugurated last month in Foshan.
in 2013, according to Chinese research firm iResearch.
Internet penetration has not yet reached 50% in China, but In Focus:
about 12% of its retail sales take place over the Internet. In the Alibaba in Foshan
US, Internet penetration is at about 87%, and e-commerce sales
only account for 7% of total retail sales. In addition, as Chinese Last April Alibaba (Foshan) Industrial Zone started its operations
consumers appetite for overseas products increase, cross-border in the Green Island Industrial Zone. By creating this new
e-commerce will grow at astonishing rates. As China draws up an platform, Alibaba intends to offer better services to its clients.
“Internet Plus” action plan to promote the healthy development Companies of traditional industries such as ceramics, home
of the Internet industry, Foshan is the perfect location from appliances and equipment manufacturing will greatly benefit
which to launch and e-commerce venture and thrive. from the presence of the Chinese giant in the city. Alibaba’s
initiative will contribute to improve Foshan companies’ access to
E-Commerce Innovation in Foshan international and domestic markets. A team of 30 highly trained
professionals, who are ready to provide top quality e-commerce
Every part of Foshan’s industrial chain is being influenced by services, run the Center. Over six thousand enterprises have
the rise of e-commerce, from product design and development requested information about Alibaba’s project. The Foshan
to manufacturing, sales and logistics. The local government government will continue to work closely with Alibaba to
has launched numerous initiatives to encourage companies to improve the facilities around the industrial zone.
maintain this innovation spree. For example, under a new policy
plan, over the next three years, Shunde district will strengthen Inquiries? Please contact us:
its position as the top center for e-commerce companies in the Foshan Investment Promotion Agency
PRD by building China’s most advanced e-commerce innovation Fsipc@126.com
zone by 2017. The plan contains six major guidelines: (86 757) 83280559
•Encourage manufacturers and traders to develop e-commerce
business.
18
