How does Alipay compare with PayPal?

March 01. 2016: IS ALIPAY LIKE PAYPAL?

The answer is both "Yes and "No."

Both Alipay and Paypal require buyer and seller (user) accounts and both require the internet to conduct transactions. Both allow peer to peer transactions and both charge fees for transactions.

A key difference is Paypal also charges for foreign (cross border) FX exchange fees whereas Alipay only charges a transaction fee. Another key difference is Paypal assists the wire of funds between users'-bank accounts, but Alipay qualifies and then moves funds between buyer-and-merchant-Alipay accounts.

Alipay also has many other functions including loans and touch pay at kiosks and shops in China and Hong Kong.

Their adoption and user rate in China is also markedly different. Because it is a foreign system PayPal is "not well known" and has very small user rate in China. In fact less than 2% of all China online transactions are done using foreign-credit cards or payment systems, in 2014. That figure includes Amex, Mastercard, Visa and Paypal combined. Whereas it is estimated at January 2016 Alipay has 800 million accounts in mainland China.

Credit or no credit? Paypal will also allow credit-funded transactions whereas Alipay only allows transactions that have sufficient cash-funds in their Alipay account.

Alipay Paypal comparison

Also read 'How to Sell Online in China' "How to Sell Online in China">

"Explosion in CNYE tourists" helps lift retail sales figures

Posted: Feb.10. 2016. "A second Christmas" is how one happy Sydney based retailer called the boost in sales over the traditional Chinese holiday.

Business Insider today released an article by Chris Pash highlighting the new fiscal importance of Chinese consumers retail shopping during Chinese New Year (CNYE). The article also highlights the importance of being digitally savvy and of China good social media.

Why is CNYE having this affect? CNYE results in a influx of tourists from China. The important China holiday period where majority of businesses are forced to close means that peaks of Chinese tourists are coming at CNYE. Chinese tourists are flooding to Australia on in ever increasing numbers – now around 1 million a year. The inbound travellers are growing at about 20% annually. With an average spend of USD$7,000+ per visit they are also ranked number 1 in spending. Chinese tourists to Australia are estimated to be contributing between AUD$7 billion and AUD$8 billion to local economy as they buy gifts for family and friends. And Australia is not even ranked in the Top 10 as their preferred shopping destination!

"Chinese New Year is becoming as big as Christmas for many of our retailers,” says Alison Pearson, Westfield Sydney Centre Manager. “They are seeing this as a really significant growth opportunity...”

“...We have of course identified the opportunity,” says Victoria Brown, head of marketing in Australia at Swarovski, the lead glass crystal specialists.Just based on the research we have seen recently, we know, for example, that 82% of Chinese tourist travellers view shopping as their number 1 priority when travelling, and of those shoppers, around half are buying jewellery and watches which is a consumer desire that we can certainly fill,” she said...

In another luxury market sector, a helicopter tourism operator in VIC recently informed China Sales Co. that "the Chinese new year holiday has overtaken Christmas and become our busiest week of the year."

"This article helps to show how it's up to local manufacturers to customise their products, marketing and promotions to maximise their sales to this booming market" said Robert Burns, GM of China Sales Co. a China marketing specialist. "If they can't find the courage to overcome those crucial next steps then they will continue to miss out on the Chinese tourism dollar."

Read the original article here"at Business Insider Magazine.">

Robert Burns speaking at "Feeding the Future" Infant Nutrition Council Sydney April 7-8.

Posted: Feb.09.2016: China Sales Co. GM Robert Burns is confirmed speaker at the Australia New Zealand Infant Nutrition Council (INC) industry conference "Feeding The Future" to be held at the Mint, 10 Macquarie St, Sydney on April 7-8, 2016.

Robert will be speaking on E-commerce in China and covering: the steps to selling online in China and the new technologies and platforms that are available today. He will also discuss marketing, cross border payments via Alipay and Union Pay and give fresh insights into online market in China.

"Cross border sales of infant formula and maternity products are booming" said Robert today. Studies of pregnant and young mothers in China have shown that when it comes to selecting infant products "quality assurance" ranks far above "price." With this importance of perception of quality in mind, this helps explain why Australia and New Zealand produced formulas are in high demand in China and also command a premium price."

Link to Event on INC's website:"Feeding The Future 2016">

About the Aus &NZ INC:

The Infant Nutrition Council Ltd was established in 2009 and is an amalgamation of the Infant Formula Manufacturers’ Association of Australia (IFMAA) and the New Zealand Infant Formula Marketers’ Association (NZIFMA). INC represents the major manufacturers and marketers of infant formula in Australia and New Zealand as well as local manufacturers who are producing product for export.

The members of the Infant Nutrition Council work with key stakeholders to support the public health goals of promoting breastfeeding and good nutrition for infants.

The Council aims to:

1. improve infant nutrition by supporting the public health goals for the protection and promotion of breastfeeding and, when needed, infant formula as the only suitable alternative;

2. represent the infant formula industry in Australia and New Zealand.

All INC members are qualified active players in the infant formula sector in Australia and New Zealand. INC Board members include brands such as Nestle and Danone and other major key industry players. To read more about the INC "INC website">

About China Sales Co.

Contact China Sales Co. for China consulting, digital marketing and e-commerce support. China Sales Co. are a China specialist agency and global licensed providers for the Alipay payment system, Shanghai Media Group (SMG), Baidu and other China online sales and marketing platforms.

Wishing you a prosperous Chinese New Year! Good luck in the monkey year 2016!

China Sales Co. would like to wish all clients and friends a happy and prosperous 2016 year of Monkey!

China Sales Co. has the licenses, partnerships, the networks and the support services to grow your business in China. Open your free merchant Alipay account with China Sales Co. and start to receive e-commerce funds from China into your local bank account! Open and start your Baidu advertising and China SEO with China Sales Co! Time to start selling to China!

Top 25 USA colleges for Chinese students

posted: January 5, 2015.

Why are Chinese students so important?

Data released by the USA Institute of International Education (IIE) that showed for the 2014-2015 academic year more than 304,000 Chinese students were enrolled in U.S. colleges and universities and noted that this is a five-fold increase in student numbers from a decade ago.

Providing quality and affordable education for Chinese students has benefits for the entire local region. As well as generating valuable educational export income for the USA (worth an estimated USD$15 Billion annually) the ongoing benefits are generating regional interest "back home." Chinese parents will often visit their son or daughter with relatives tagging along whom then happily attending (and spending at) local tourism destinations as part of the visit. These engagements also can further lead to investments in property and other business sectors as alumni return home.

Top 25 USA colleges for Chinese students

Foreign Policy magazine recently requested and obtained the release of "China F1 Student Visa" data information from the U.S. Department of Homeland Security (DHS), the most commonly issued student visa. Results show the colleges that have invested into building good Chinese P.R. are reaping the benefits of increase in student numbers today. Original source "The most Chinese schools in America"

Top USA Colleges by F1 student visa

  1. University of Illinois Urbana-Champaign (Chicago)
  2. University of Southern California
  3. Purdue University
  4. Northeastern University
  5. Columbia University
  6. Michigan State University
  7. Ohio State University
  8. University of California, Los Angeles
  9. Indiana University
  10. University of California at Berkeley
  11. New York University
  12. Pennsylvania State University
  13. University of Minnesota
  14. University of Washington Seattle
  15. Arizona State University
  16. University of Michigan Ann Arbor
  17. Boston University
  18. Illinois Institute of Technology
  19. Rutgers, The State University of New Jersey
  20. University of Texas at Dallas
  21. University of Wisconsin-Madison
  22. University of California, San Diego
  23. Carnegie Mellon University
  24. State University of New York at Stony Brook
  25. Syracuse University

Top "Ivy League's" by F1 student visa

  1. Columbia University
  2. Cornell University
  3. University of Pennsylvania
  4. Harvard University
  5. Yale University
  6. Brown University
  7. Princeton University
  8. Dartmouth College
  9. Are you a college or University looking how to attract Chinese students?

    Did you know that educational providers can now receive student fees via Alipay?

    Does your college have a China Social media presence?

    Does your college have a decent Chinese web page or opened a China search engine Baidu account yet?

    China Sales Co team have many years experience in marketing foreign educational services in China and for USA based education providers. Current and previous clients include, Duke Cornell University, Maquarie and La trobe Universities in Australia, financial education service providers and more.

    Foreign education providers are welcome to contact China Sales Co now for your free Baidu consultation, and free Alipay account today!