Cross-border e-commerce helps companies increase their trade opportunities and other advantages
The Cross-Training Brand Institute and the China (Zhejiang) Investment and Financing Service Center recently jointly released the “OUTRUN BRAND 2018 China Cross-border E-Commerce Brand Development Report”. The report pointed out that cross-border export e-commerce has grown rapidly and gradually seized the traditional trade share. The report predicts that the scale of cross-border e-commerce transactions in China will still maintain a compound annual growth rate of 20.1%. By 2020, the scale of cross-border e-commerce transactions will reach 12 trillion yuan, accounting for more than 37% of the total import and export of goods. With the continuous development of Internet technology, overseas e-commerce companies have also demonstrated their own advantages for offline retail in terms of convenience of transactions and richness of functions.
Zhang Zhouping, director of the e-commerce research center B2B and cross-border e-commerce department, said: "Compared with traditional cross-border trade, cross-border e-commerce has significantly reduced the cost of information communication between buyers and sellers, directly matching transaction entities online and reducing commodity circulation. Linking, improving the efficiency of commodity circulation, and increasing opportunities for trade. Cross-border e-commerce transports goods from exporting countries to importing countries through small-scale and parcel-style methods, and directly delivers them to retailers or consumers. Short, more batches shipped."
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