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China E-Commerce for Food Products

China is now the largest e-commerce market in the world and setting the benchmark for the future of global retailing.  Since 2013, policy reforms in China have encouraged the online sale of foreign goods in the country that included duty tax reductions on cross-border e-commerce. Online companies like Alibaba’s tmall.com and Beijing-based JD.com are streamlining operations with international shipping and payments making it easier for Chinese consumers to buy from overseas companies. The food sector increased 82% in 2016 with projected sales of nearly USD 35 billion by the end of next year. Many Minnesota startup food companies have found a lot of success exporting product to China - learn about this space as an opportunity to grow your business.

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