skip to main content
Find Insight DIY on
* * *

Digital Retail News commits to selling 2bn of British goods in China

The Chinese online giant has today committed to support British businesses by selling £2 billion of UK goods to its Chinese consumers.

The online company, with an annual turnover of 260.2bn CNY (2016) serves one billion people across China and over the next two to three years will work with the Department of International Trade (DIT) to make it easier for UK companies to sell on its website.

This announcement, made during Prime Minister Theresa May’s first bilateral trip to the country, follows a significant increase in the sales of UK products in the last few years.The number of British products offered has doubled in the last two years and sales increased 100% during 2017.

DIT China director Richard Burn said “Many British brands recognise the huge potential of China’s enormous e-commerce market. JD truly understands what Chinese consumers want and has the resources to help British brands ensure success in the region. We’re looking forward to working with JD to bring more British brands to China in the future". international president Winston Cheng added: “We’re pleased to be working with DIT to make it easier and more convenient for British brands to enter the Chinese market. We’ve seen rapid growth in demand for British products from our consumers in recent years, and will look to showcase the ‘Best of Britain’ on our platform even more through this agreement.”

Source: Insight DIY Team

For all the very latest in online retail, sign up for the Insight DIY newsletter today.

01 February 2018
view more Digital Retail News

Insight DIY is the only source of market information that I need and they always have the latest news before anyone else.

Neil Anderton - Sales Director, British Ceramic Tile

Don't miss out on all the latest, breaking news from the DIY industry