From ‘Made in China’ to ‘Sold in China’

FOR IMMEDIATE RELEASE
27 September 2007

From ‘Made in China’ to ‘Sold in China’

(New Plymouth, New Zealand)---With 1.3 billion people in an area slightly smaller than the US (with 301 million people) and a median age of 33, China is a qualified prospect ready to buy. Predicted to become the second largest consumer market, overtaking Japan by 2014 (Consumer Survey, Garner 2006), and a preference for quality products, New Zealanders have a nearby window of opportunity to sell products online to a booming Chinese economy.

The Asian Development Bank states that retail sales grew by 15.4 percent in the first half of 2007 and imports are expected to grow by 16% in the second half. They attribute this growth to businessmen throwing cash into steel, electricity, chemicals and oil processing, thus creating more jobs and giving the Chinese more money to spend on land, houses, cars, electronic goods, appliances, food and other items.

New Zealand domain registrar Freeparking (www.freeparking.co.nz) offers New Zealanders a way to access this burgeoning market through China domain names. So if you own the website www.kiwimade.co.nz, you can also purchase the same name with a China extension www.kiwimade.cn and begin your entry into the China market. You can reserve one of these for around $8 a month and start your plight into mass consumerism.

“The Internet has opened doors to unlimited international trade possibilities,” says Freeparking COO Sean Weekes. “The advantage of China domains is that there are no restrictions, such as those in Australia, where you’re required to have a business license in order to purchase a domain. For existing New Zealand websites this means it’s as easy as purchasing a China domain name and pointing it to your existing site to begin your online business in China.”
New Zealanders have a number of resources when looking to do business in China. New Zealand Trade & Enterprise (www.nzte.govt.nz) provides economic assistance and guidance to industries and individual businesses looking to export. They run the New Zealand Focus Centre in Hong Kong that offers space to display NZ retail products and education on New Zealand in general. There’s also Export New Zealand (www.einz.co.nz), which is a non-profit organisation that focuses on helping members grow their business in the international marketplace through mentoring, professional development and exporting news. In addition the NZ Ministry of Foreign Affairs (www.mfat.govt.nz) offers insight into trade agreements and economic partnerships with international countries.

If you have toyed with the idea of expanding your horizons to the East, you might consider securing your brand with a China domain extension and exploring the resources of NZTE, Export NZ & NZ Ministry of Foreign Affairs to see how they can help you bring China dollars to New Zealand pockets.

Freeparking is New Zealand’s most popular provider of domain names, e-mail and web hosting solutions. With Freeparking you have peace of mind knowing that you are dealing with a respected name in the industry since 2000. As a result, customers receive timely and helpful service from technicians who care about assisting them with their online goals. For more information on Freeparking please visit www.freeparking.co.nz.

ENDS

Quirky China Stats
* The per capita consumption of pork in China has almost doubled since 1990 with 52.5 million tons consumed in 2006. (ADB)

* Sales of dairy products are booming, even though most Chinese are lactose intolerant. (PBS)

* Until quite recently in China most people have been working six days a week, taking off one or 2 days a year. It is now common to receive 7 days annual leave following one year of service and a maximum of 14 days for 9 or more years of service. (KSA)

* The average amount of time people spend on the Internet in China has increased by 70% to 17 hours a week from 2002. This compares with just 13.9 hours a week in Japan and 11.7 hours in the US. (Forbes)

* 700 million Chinese are estimated to join the consumer class by 2020 compared to less than 100 million today. (McKinsey & Co)

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