FedEx Blog

FedEx Blog

Happy Lunar New Year

February 15, 2013

Gong Xi Fa Cai

When you think of China, there’s a tendency to Think Big. Trillions in the bank. Most populous nation on earth. Nearly two hundred million online shoppers.

But the strength of China is also found in the small.

While China is the second-largest trading partner for almost 80 other countries, more than 90% of the businesses located in China are small and medium enterprises (SMEs). Although the growth of SMEs in China had been declining the past few years, the numbers rebounded in the last quarter of 2012, leading into the 2013 Year of the Snake.

year of the snake fedexIn Chinese culture, the snake is a symbol of logic and agility. It’s said the outside of the snake may look soft, but inside it’s tough. The position of SMEs in China’s business world is developing and requires overcoming obstacles, so business owners need to be smart and strong to survive.

Few small business shippers in Asia have designated shipping departments. What they’re looking for is flexibility and reliability. When it comes to pickup and delivery services, some customers in China place a higher value on having a central point of contact, while others find it critical to have flexible pickup times.  

Take the garment industry. It’s made up of millions of small businesses like Masquerade Garment in Shanghai, which specializes in making evening clothes. The launch of the FedEx long-range 777 aircraft provided the company two extra hours to prepare samples. “Now we have enough time to cut out the dresses in the morning and conduct our quality control in the afternoon,” said owner Mr. Zhi-hai Liu. Not to mention it provided a competitive advantage.

Speed also matters for a leading business-to-consumer company, INDOCHINO Custom Apparel, which makes made-to-measure men’s suits. Delivering quickly and directly to the doorsteps of their global customers has increased their volume. FedEx customs document and tracking system has help make the difference. 

China has become not only a supplier but a growing consumer market. For U.S. SMEs, the top export markets are still Canada and Mexico, but third on the list are shipments from the U.S. to customers in China.  It’s a booming business for good reason.

The numbers are overwhelming. This past November on China’s new ‘Singles Day’  holiday, China’ s online retail giant, Alibaba, says it sold more than $3 billion in goods and services—in one 24-hour period.

With the China eCommerce market exploding, there”s a bright future for those who combine the gift of logic and agility for the 2013 New Year!    Gong Xi Fa Cai.

year of the snake fedex



Comments

    May Quan says:

    ” It’s a booming business for good reason.”
    I feel lucky of working in China emerging market and in FedEx!
    I think every EE’s working career is connected with company’s fate, so I will cherish every opportunity as well as changing environment.
    In new year of the Snake, wish splendid growth of FedEx!
    Also, same to myself!~O(∩_∩)O~

    MayLyn says:

    It’s so exiting to see that FedEx is doing well in China! I will always ship FedEx and thanks to you my eBay business wouldn’t be where it is at today!

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