Friday, April 19

Tag: High-end

Online Consumption in China Goes High-end
CHINA

Online Consumption in China Goes High-end

Consumers in China are increasingly opting for smart and quality products online as robots and imported goods are gaining popularity as stated by a report. The report was announced by e-commerce giant Alibaba's Taobao village and think tank Aliresearch. It showed the consumption trend in the first 11 months of 2018 in the nearly 3,000 county-level administrations in China. Robot vacuum sales in the top 10 Chinese counties topped 100 million yuan ($14.6 million) during the period, while the stir-fry robot has become a popular smart kitchenware genre, according to the report. Agricultural drones sales online are also noted in counties in the northeast regions, as farmers in the traditional agricultural base modernize their production. The report also marks the rapid sales growth...