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Currently, he runs a down quilt factory and a Taobao shop. During the Singles Day online shopping festival, also known as Double Eleven, held on Nov 11, his revenue exceeded 10 million yuan.

Currently, China is the fastest-growing market for beef consumption globally, and the imported beef mainly comes from Australia, Argentina, Brazil and Uruguay. Last year, consumption of beef in China reached 8 million metric tons, and the market scale achieved 360 billion yuan (.7 billion), according to the Ministry of Commerce.

Currently, parcels sent from China reach Spain in 10 days on average. Using big data to predict needs, Cainiao enables roughly 90 percent of sought-after items to reach popular destinations such as Madrid in three days.

Crowds watch as 50,000 biodegradable balloons are released at Patio do Colegio, the site of Sao Paulo's 1544 foundation, Brazil, Dec 28, 2018. Workers of the city's Commercial Association began releasing balloons in 1992 in what has now turned into a tradition to celebrate the new year. [Photo/IC]

Cross-border e-commerce trade rose 80.6 percent year-on-year in China to 90.24 billion yuan (.33 billion) in 2017, top officials said on Friday.