80%, which is the year-on-year growth (in US dollars) of the paid in transaction volume of Alibaba international station, the world's largest B2B cross-border e-commerce platform, in the first half of this year, which is equivalent to three times the average growth rate of the industry
according to the data of the General Administration of customs, in the first half of the year, among China's three major trade modes, the import and export of general trade decreased by 2.6%, accounting for 60.1% of the total foreign trade value; the import and export of processing trade decreased by 8%, accounting for 23.6%; the import and export of cross-border e-commerce increased by 26.2%, which is the only major trade mode maintaining positive growth, and the growth rate is much higher than the foreign trade market.
driven by the epidemic, the strong expansion of cross-border e-commerce, together with general trade and processing trade, has worked together to" stabilize foreign trade ", while further establishing a new pattern of" three pillars ".
digital new foreign trade, represented by cross-border e-commerce, has become a major trend in the development of world trade. On July 14, McKinsey released a survey report on B2B sales trend. It said that remote sales channels are becoming more and more important, and the communication mode of B2B transactions in various countries has shifted from traditional to digital. As the world's most important cross-border e-commerce market, China is the leader of global new foreign trade.
the contactless new foreign trade is more suitable for the needs of epidemic prevention and control. This is just a representation. The new foreign trade is a new model because it has deeply reconstructed the business flow, logistics, capital flow, business scene and even human behavior itself of traditional trade.
you can get orders without buying air tickets and travel across the sea to participate in the exhibition. You can get millions of dollars to customers you have never met, relying on the support of digital technology. People do business with big data through digital operation tools, and new data continues to precipitate the credit assets of each enterprise.
digital technology enables foreign trade businesses to reduce costs and increase efficiency. Alibaba international station's intelligent distribution system, launched by cross-border e-commerce around the world, has been tested, and the overall release efficiency has been improved by 40%, merchants can save about 10000 yuan of labor cost per month, and the order rate of intelligent distribution products is 217% higher than that of artificial distribution products.
digital technology makes foreign trade business easier. The full link digital cross-border supply chain service system built by Alibaba international station intelligently recommends reliable logistics for businesses, and customs, foreign exchange and taxation involving domestic and foreign supervision are finally no longer complex. The Damo Academy's blockchain technology reduces the verification time of export tax rebate to" 0 days ".
since the outbreak, the policy direction to support the development of new foreign trade has always been clear: from the establishment of a comprehensive pilot zone for cross-border e-commerce to the pilot of B2B export supervision of cross-border e-commerce. The Canton Fair has been transferred to online, and Alibaba international station has held 20 online exhibitions such as Alibaba Online Fair. With the joint efforts of government and enterprises, more dividends will continue to be released.
since the epidemic, traditional foreign trade enterprises have moved to new foreign trade. In the first half of this year, more than 10000 traditional foreign trade enterprises have newly settled in the international station. On July 17, Alibaba international station set up a special subsidy of 1 billion yuan to provide six-month transformation escort for traditional foreign trade enterprises that used to obtain overseas orders only through exhibitions.
the threshold of new foreign trade is low and is constantly decreasing, whether at the policy, technical or commercial level. This is particularly important - people on different starting lines, the" second generation of workers "in Dongguan and the" second generation of factories "in Fujian, can equally compete for the global dream, create large-scale new foreign trade increment and share the dividends of digital economy.