OpenAsia.Co

30/05/2025

Welcome to visit our partner in , Thailand’s beloved seafood snack and canned fish brand! 🐟 Come visit at Challenger Hall 3 - I29 for a taste of their best-selling flavors.

28/05/2025

📉 Temu's Parent Company Takes a Hit

PDD Holdings, the Chinese owner of shopping platform Temu, just reported a nearly 50% drop in profit. 🇨🇳💸

US-listed shares plunged 13% after the company revealed profits fell to 14.74 billion yuan ($2.05 billion) in Q1. Several key challenges are to blame:

🇺🇸 Trump-era trade policies strike again – the removal of the $800 de minimis exemption means more Chinese goods now face import duties in the US.

🇨🇳 At home, PDD continues its price war with Alibaba and JD.com amid sluggish consumer spending.

🌍 Global trade pressure + local market struggles = tough road ahead for China’s e-commerce giants.

📖 Full article: https://www.bbc.com/news/articles/cy8dvywypp2o
© BBC News

US-listed shares of PDD Holdings fell over 13% on Tuesday as the firm reported a near 50% drop in profit.

27/05/2025

🚫 Struggling with GACC Registration? You’re Not Alone.

Many exporters hit roadblocks when applying for registration with China’s General Administration of Customs (GACC). From unclear documentation to misaligned product classifications, rejection is all too common—and it can stall your entry into one of the world’s most lucrative markets.

🌏 But here’s the good news: these setbacks are preventable.

In our latest guide, we break down the most common reasons for GACC registration rejections and how to avoid them. Whether you're new to China’s import system or have faced rejection before, this article will equip you with practical insights to streamline your application—and unlock your path into the Chinese market.

✅ Understand key compliance steps
✅ Avoid costly mistakes
✅ Increase your chances of fast approval

📖 Read the full post:
🔗 https://openasia.co/common-reasons-for-gacc-registration-rejections-and-how-to-avoid-them/

Are you tired of hitting roadblocks in your GACC registration process? 🚫 You’re not alone. Many businesses face rejections when trying to register with China’s General Administration of Customs (GACC), leaving them frustrated and unsure of how to proceed. Imagine the relief of smoothly naviga...

27/05/2025

💼📦 China Cracks Down on Unfair Platform Fees to Support Small Vendors 🇨🇳📉

In a bold move to protect small businesses, China’s top market regulator has released a 28-article draft guideline aimed at tightening oversight on how e-commerce platforms charge merchants. From commission fees to marketing costs, the government is now demanding transparency, fairness, and legality in all service charges.

Why does this matter?
Small vendors are the lifeblood of China’s platform economy—but rising costs and unclear billing practices have made it harder for them to thrive. This new guideline could reshape platform-merchant dynamics and promote healthier competition in the digital space.

📝 The draft is now open for public feedback.
📌 Key focus: fair pricing, service transparency, and reduced burden on SMEs.

Read more:
👉 https://www.chinadaily.com.cn/a/202505/27/WS68351d40a310a04af22c1b42.html

China's top market regulator unveiled a draft guideline on Sunday to tighten oversight over how e-commerce and online platforms charge merchants, as officials ramp up efforts to promote fairer competition and reduce the operational burden on smaller vendors, which form the backbone of the platform e...

26/05/2025

🏺✨ Step Into Ancient China in California!
The Bowers Museum in Orange County is now home to "World of the Terracotta Warriors", a breathtaking exhibition showcasing new archaeological discoveries from Shaanxi Province, China.

Explore the majesty of the Terracotta Army, marvel at mysterious relics from the 4,000-year-old Shimao ruins, and dive into ancient history through cutting-edge multimedia displays.

📸 Visitors are raving about the immersive experiences — from digitally painting warrior uniforms to stepping into Qin Dynasty battle formations!

🎟 Don’t miss this rare chance to witness the legacy of China’s First Emperor, Qin Shi Huang, up close.

🔗 Full story: https://english.news.cn/20250526/fce82d5cf55b42deb500e2e2dbcde001/c.html

Feature: Terracotta Warriors exhibition in Southern California showcases China's ancient civilization-

23/05/2025

💴🌍 Is China’s yuan the next global currency?
As trust in the US dollar declines, some experts believe China’s renminbi (yuan) could step up — if Beijing makes it more accessible and convertible for foreign investors.

According to Hoe Ee Khor, Chief Economist at the Asean+3 Macroeconomic Research Office, “The US dollar is not the safe currency it used to be.” As China pushes for greater international use of its yuan, the world could be witnessing the rise of a new monetary powerhouse. 💹

Could this shift reshape the global financial landscape?
🔍 Read the full story:
👉 https://www.bangkokpost.com/business/general/3032686/chinas-yuan-fit-to-rival-us-dollar-as-global-currency-if-more-accessible-economist

China's yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and access for foreigners, according to a senior Asian economist.

22/05/2025

🍜🇨🇳 Struggling to enter China’s booming food market? GACC approval could be your missing piece.

Many food exporters hit a wall at Chinese customs — all because they lack approval from the General Administration of Customs of China (GACC). Without it, your product may never reach store shelves or online carts in China.

But what exactly is GACC approval? And why is it so critical for your success?

In our latest blog, we unpack:
✅ Why GACC approval matters
🔍 The key requirements for compliance
📈 How it impacts your brand’s success in China
🚀 Step-by-step guidance to help you get approved

Don’t let red tape stop your global growth.
🔓 Open the door to China’s massive consumer market today:

👉 https://openasia.co/why-your-food-product-needs-gacc-approval-to-enter-china/

22/05/2025

🍓📈 Fruit giants are going local in China!
Global brands like Zespri and Driscoll’s are now doubling down on lower-tier cities in China — where rising health awareness, disposable incomes, and a booming retail scene are transforming the consumer landscape. 🇨🇳🛒

To win hearts and taste buds, Driscoll’s is teaming up with iQiyi’s hit reality show Let’s Farm — connecting with Gen Z viewers through livestreaming, real farm experiences, and direct consumer interaction.

🎯 “Our growth in smaller cities has now outpaced that of top-tier cities,” says Driscoll’s China marketing director. It’s a clear signal: the next wave of growth is local.

📖 Full article:
👉 https://www.chinadaily.com.cn/a/202505/22/WS682e847ea310a04af22c0e10.html

As international fresh fruit giants Zespri and Driscoll's deepen their roots in China, both companies are shifting their growth strategies toward lower-tier cities, betting on rising health awareness, growing disposable incomes and evolving retail ecosystems to drive growth.

22/05/2025

🚫 Frustrated by GACC registration rejections? You’re not alone.
Many businesses aiming to enter the Chinese market hit roadblocks when registering with China’s General Administration of Customs (GACC) — often due to avoidable mistakes.

✅ Imagine bypassing the confusion and getting your application approved without delays.
In our latest blog, we break down:
🔍 The most common reasons for GACC rejections
🛠️ Practical tips to fix or avoid them
📈 How to position your business for success in China
💡 When and why you should get expert help

Don’t let paperwork stand between you and China’s massive market.
📖 Read the full guide:
👉 https://openasia.co/common-reasons-for-gacc-registration-rejections-and-how-to-avoid-them/

OpenAsia streamlining the market entry process and accelerates the potential growth for innovative enterprise in consumer goods industry.

20/05/2025

🌏📦 Exporting Food to China? Let’s Talk GACC Registration! 🍤🍒

Are you a food exporter feeling overwhelmed by China’s GACC registration process? You’re definitely not alone — many businesses face this exact challenge. But what if we told you it doesn’t have to be so complicated?

✨ Imagine confidently navigating the maze of regulations…
🚢 Picture your products clearing customs smoothly and landing on Chinese shelves…
🎯 That’s exactly what you’ll get with our step-by-step GACC registration guide!

We break it all down for you:
✅ The essentials you need to know
✅ How to use the GACC online portal
✅ Key documentation requirements
✅ Common pitfalls to avoid
✅ How to stay compliant after registration

Whether you're just starting or stuck mid-process, this guide is your ultimate resource to make GACC registration not only manageable—but successful.

📘 Dive into the guide here:
👉 https://openasia.co/gacc-registration-simplified-a-step-by-step-guide-for-food-exporters/

Are you a food exporter struggling with the complexities of GACC registration? 🍽️🌏 You’re not alone. Many businesses find themselves tangled in a web of regulations, unsure where to begin or how to proceed. But fear not! Your journey to successful GACC registration is about to become a who...

16/05/2025

🌏🍒 China’s Growing Appetite = Big Opportunity for Latin America & the Caribbean!

As Chinese consumers continue to upgrade their tastes and seek out premium imported products, countries in Latin America and the Caribbean are riding the wave 🌊.

From Chilean cherries to Brazilian orange juice and Panamanian coffee, exports to China are booming thanks to China’s opening-up policies and strong demand for quality agricultural goods.

📈 In 2024 alone, China imported over 90% of Chile’s $3.09 billion cherry exports — a clear sign of how valuable this market has become.

This is more than trade — it's a win-win partnership reshaping global supply chains and creating long-term growth.

🔗 Read more:
https://www.globaltimes.cn/page/202505/1334129.shtml

As Chinese consumers develop a growing appetite for high-quality imported goods, Latin American and Caribbean products, from Chilean cherries to Brazilian orange juice and Panamanian coffee, are flowing to China. Backed by China’s consumption upgrade and opening-up policies, exports from Latin Ame...

15/05/2025

📦🇨🇳 Virtual vs. Physical Exhibitions in China: Which Path Leads to Success?

In today’s fast-changing Chinese market, companies face a critical choice:
🌐 Go virtual with boundless reach and data-rich insights?
🏢 Or stay physical with face-to-face connections and hands-on product demos?

Each path has its strengths — and pitfalls. From costs and ROI to audience engagement and logistics, making the right decision can define your success in the world’s second-largest economy.

Are you ready to choose the path that aligns with your goals? 🤔
Explore the full breakdown here:
👉 https://openasia.co/virtual-vs-physical-exhibitions-in-china-which-is-right-for-you/

#ธุรกิจจีน #เจาะตลาดจีน

🌐 vs. 🏢: The Exhibition Showdown in China! In the rapidly evolving landscape of Chinese business, a new dilemma has emerged: virtual or physical exhibitions? As companies strive to showcase their products and services, they’re faced with a crucial decision that could make or break their succ...