Trends in B2B Business China

(openPR) The Chinese internet ecosystem is the largest in the world but also one of the most isolated. Barriers between the Chinese internet and the rest of the world isn’t just a result of Chinese censorship of many foreign sites and services, but also from language and culture obstacle.

How can SME enterprises become part?

Baidu, Alibaba and Tencent have been competing for online domination in the Chinese market for many years, building a large but not necessarily loyal user group with much overlap. Baidu has been concentarating on search and portals, Tencent tends to orient itself towards social media and gaming and Alibaba remains the dominant power in ecommerce.

According to China Internet Watch China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.

Alibaba still dominates China’s B2B market by revenues with 44.13% market share, followed by HC360 (4.86%) and Global Sources (4.69%). And China’s international trading trade B2B platform completely enters a transaction era; and, the value of credit guarantee service entered the stage. Cross-channel collaborations have become new means for B2B e-commerce platforms to enhance the competitiveness.

And according to 52b2b.cn research, the top 10 B2B platforms ranked by brand influence in Q2 2013 were:Alibaba B2B, HC, Global Sources, DHgate, Focus Technology (Made in China), 315.com, Shengyibaoku, Shanghai steel Union (My steel net), the global market, B2B.com and IBI.