Overseas market demand surges during first half of year
The online demand from overseas markets for products made in China surged 33 percent year-on-year in the first half of the year, data from Alibaba.com, Chinese tech heavyweight Alibaba Group Holding Ltd's business-to-business platform that helps facilitate foreign trade, showed.
Alibaba.com said that more than 90 percent of industries which cover products such as bathtubs, new energy vehicles and camping carts all witnessed their exports surge dramatically in the January-June period.
These China-made products have gained popularity in 91 percent of overseas markets, including Southeast Asia, Europe and the Americas.
The online demand for NEVs saw a five-fold increase, while the demand for golf carts skyrocketed by 257 percent year-on-year in the first six months of the year. In addition, Chinese machinery equipment, apparel, consumer electronics, sports and entertainment products have been increasingly favored by overseas consumers.
Alibaba.com also predicted that the exports of NEVs, tailored-made printers, laser cutting machines and excavators are expected to experience robust growth in the second half of the year.
