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Author: Min Jung Kim Publisher: ISBN: Category : Languages : en Pages : 11
Book Description
On the back of the emerging trend in global cross-border e-commerce, Chinese crossborder online shopping has exhibited extraordinary growth. This phenomenon provides Korean manufacturers and e-commerce platforms with invaluable opportunities to expand into a broader market via e-commerce exports. Accordingly, future strategies should focus on attracting new Chinese consumers, building a powerful brand image and improving product quality and post-purchase services, while taking full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts such as improving e-commerce export statistics, simplifying logistics and clearance procedures, and building Chinese consumers' trust.
Author: Min Jung Kim Publisher: ISBN: Category : Languages : en Pages : 11
Book Description
On the back of the emerging trend in global cross-border e-commerce, Chinese crossborder online shopping has exhibited extraordinary growth. This phenomenon provides Korean manufacturers and e-commerce platforms with invaluable opportunities to expand into a broader market via e-commerce exports. Accordingly, future strategies should focus on attracting new Chinese consumers, building a powerful brand image and improving product quality and post-purchase services, while taking full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts such as improving e-commerce export statistics, simplifying logistics and clearance procedures, and building Chinese consumers' trust.
Author: Min Jung Kim Publisher: ISBN: Category : Languages : en Pages : 23
Book Description
This paper focuses on the recent extraordinary growth of Chinese cross-border online shopping and draws implications for firm strategies and government policies in Korea to utilize the phenomenon as an opportunity to expand into a broader market via e-commerce exports. I conduct a survey of Chinese cross-border online consumers to identify constraining and determining factors during the stages of their purchase decisions of Korean products. Given the fact that Chinese cross-border online shopping is at the incipient stage and consumers have expressed a strong intent to repurchase, future strategies should focus on attracting new consumers. Accordingly, Korean firms should build a powerful brand image, improve product quality and post-purchase services, and take full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts by, for instance, improving e-commerce export statistics, simplifying logistics and clearance procedures, and building trust in Chinese consumers.
Author: Min Jung Kim Publisher: ISBN: Category : Languages : ko Pages : 9
Book Description
English Abstract: On the back of the emerging trend in global cross-border e-commerce, Chinese cross-border online shopping has exhibited extraordinary growth. This phenomenon provides Korean manufacturers and e-commerce platforms with invaluable opportunities to expand into a broader market via e-commerce exports. Accordingly, future strategies should focus on attracting new Chinese consumers, building a powerful brand image and improving product quality and post-purchase services, while taking full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts such as improving e-commerce export statistics, simplifying logistics and clearance procedures, and building Chinese consumers' trust.The English version of this paper can be found at 'http://ssrn.com/abstract=2777247' http://ssrn.com/abstract=2777247.
Author: WonSeok Choi Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
The accelerating growth of the digital economy in China can be a huge opportunity for Korea, given that content is mainly traded in digital form. However, the Chinese government is tightening regulations on the digital economy as social problems arise in hand with the fast-growing digital economy in China. This strengthening of regulations in the digital field in China can not only lead to exports of Korean content to China, but also to contract the operations of Korean companies in China, increase management costs due to rapid system changes, and deteriorate business conditions by imposing heavy legal responsibility. Amid these concerns, some suggestions should be made for digital cooperation between Korea and China in the future. The first is to establish a communication channel on digital trade norms between the two countries. Second, Korea needs to seek ways to revitalize e-commerce and digital services between the two countries by utilizing China's external opening policy. Third, when negotiating FTA services between Korea and China, it is necessary to argue for the same level of digital service market opening as the Comprehensive Agreement on Investment (CAI) between the EU and China.
Author: Mr.Tidiane Kinda Publisher: International Monetary Fund ISBN: 1498317464 Category : Business & Economics Languages : en Pages : 29
Book Description
The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this paper are robust to the use of instrumental variables, which highlight possible larger effects of e-commerce on Asian productivity and exports when essential elements are in place for its effective use, such as reliable electricity, telecommunication, and transport infrastructure. Despite the rapid growth of e-commerce in recent years, gaps persist in digital infrastructure and legislation, preventing many Asian countries from fully reaping the potential benefits of e-commerce.
Author: Shuzhong Ma Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
China's cross-border e-commerce industry has demonstrated stable and rapid development thanks to the implementation of appropriate policy support and the progressive establishment of e-commerce platforms. The industry's prosperity suggests unique advantages of cross-border e-commerce, which are a result of promoting industrial transformation and accelerating economic restructuring. Due to asymmetric information and insufficient data, little research has been conducted on the current status and the trends of the industry as well as the magnitude of risk in cross-border e-commerce. Using the cross-border e-commerce hosting service database of BizArk, the present study has constructed an index for China's export e-commerce prosperity and magnitude of risk which reveals that the industry: (i) generally presents a tendency of solid growth; (ii) has had a relatively stable situation for logistics facilitation but a drastic fluctuation in customs facilitation; (iii) has gradually shifted to competing for cheaper and more efficient marketing techniques as well as channels; and (iv) has experienced a remarkable amelioration of risk magnitude.
Author: Hyunsoo Shin Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Korea's exports to China have explosively increased in the 2000s, recording annual average growth rates of 20.3% by 2010. These are outstanding results when compared to the 8.6% average annual growth in Korea's overall exports to the rest of the world. Korea's ability to achieve the 1 trillion dollar mark in trade last year has also been attributed to the significant increase in trade with China.However, an unusual trend began to emerge since 2011 in Korea's exports to China. The increasing rate in exports to China has been lower than that in overall exports, and has even shown signs of decreasing in 2012. The prolonged economic instability in the advanced countries occasioned by the financial crisis in the Euro zone has started to impact the heretofore skyrocketing exports to China. The slowdown in China's exports brought on by the stagnation of the global economy has started to gradually impact a Korea that utilizes China as its processing trade base.If the recent slowdown in exports to China can be attributed to the slowdown in the Chinese economy and China's exports, then Korea's exports to China can be expected to recover along with the global economy. However, it will be difficult to expect the kind of explosive increase in exports to China witnessed in the past if this situation is in fact the result of changes in China's economic structure and policy, or of problems in terms of the trade structure between Korea and China. The status of China as Korea's largest export market makes it necessary to conduct a review of the causes of the slowdown in Korean exports to the Mainland.
Author: Mikio Kuwayama Publisher: Santiago, Chile : United Nations Economic Commission for Latin America and the Caribbean, International Trade and Integration Division ISBN: Category : Business & Economics Languages : en Pages : 88
Author: Min Jung Kim
Author: Min Jung Kim
Author: Min Jung Kim
Author: Min Jung Kim
Author: WonSeok Choi
Author: Mr.Tidiane Kinda
Author: Shuzhong Ma
Author: Hyunsoo Shin
Author: Yongkyun Chung
Author: Yung W. Rhee
Author: Mikio Kuwayama