withstanding the impact of the global epidemic, digital new foreign trade has become a new engine for China's export. On July 23, Alibaba international station announced that in the first half of 2020, the paid in transaction volume of the platform increased by 80% year-on-year (priced in US dollars), the number of orders increased by 98% year-on-year, and the number of paid buyers increased by 60% year-on-year
according to the latest data of the General Administration of customs, in the first half of this year, China's cross-border e-commerce exports increased by 28.7%, much higher than the overall growth rate of foreign trade. Among them, as the world's largest B2B cross-border e-commerce platform, the growth rate of Alibaba international station is nearly three times that of the industry level
<the transformation of digital new foreign trade has become a must and irreversible trend of global trade."zhang kuo, general manager of alibaba international station, revealed that the paid in transaction volume of the international station increased by 126% year-on-year in june, and has maintained a three digit growth rate since july
the stable European and American markets and the fast growth of emerging markets have become the incremental source of new foreign trade export growth. In the first half of the year, the number of countries and regions with year-on-year growth rate of more than 100% on the platform of international stations reached 70. The United States, the European Union and ASEAN are the three major markets for cross-border e-commerce exports. The United States, the United Kingdom and Germany ranked the top three in terms of transaction volume, with the growth rate of 91% in the United States and 88% in the EU as a whole.
" this phenomenon does not conflict with ASEAN becoming China's largest trading partner." Zhang Kuo explained that the development of cross-border e-commerce depends on the digital foundation of both sides of trade, while developed countries have a higher degree of digital penetration in infrastructure such as logistics and payment
the growth rate of emerging markets is amazing. Six of the 10 ASEAN countries have entered the top 30 in terms of transaction volume, Thailand ranks eighth, and Laos, Cambodia and Myanmar have the fastest growth rate. The trade volume of some African countries began to take shape and grew rapidly, with Ethiopia growing more than twice and Togo growing more than three times
the stable European and American markets and the fast growth of emerging markets have become the incremental source of new foreign trade export growth. In the first half of the year, the number of countries and regions with year-on-year growth rate of more than 100% on the platform of international stations reached 70. The United States, the European Union and ASEAN are the three major markets for cross-border e-commerce exports. The United States, the United Kingdom and Germany ranked the top three in terms of transaction volume, with the growth rate of 91% in the United States and 88% in the EU as a whole.
" this phenomenon does not conflict with ASEAN becoming China's largest trading partner."As China is the first country to comprehensively combat the epidemic and take the lead in extricating itself from difficulties and resuming work and production, we are well aware of the demand trend of the overseas market." Zhang Kuo introduced that the platform helps foreign trade enterprises lay out in advance and obtain overseas orders through industry trend report and big data intelligent guidance
online exhibitions have played an important role in driving. This year, Alibaba international station will hold 20 online exhibitions. The home health exhibition in May and Alibaba Online Fair in June have ended, and the industrial exhibition will be launched at the end of July. New digital tools such as cross-border class B live broadcast, audio and video negotiation, 3D exhibition and factory viewing are being widely used
the stable European and American markets and the fast growth of emerging markets have become the incremental source of new foreign trade export growth. In the first half of the year, the number of countries and regions with year-on-year growth rate of more than 100% on the platform of international stations reached 70. The United States, the European Union and ASEAN are the three major markets for cross-border e-commerce exports. The United States, the United Kingdom and Germany ranked the top three in terms of transaction volume, with the growth rate of 91% in the United States and 88% in the EU as a whole.
" this phenomenon does not conflict with ASEAN becoming China's largest trading partner."and held a cross-border supply chain service promotion for the first time.
"We should not only ensure the smooth flow of cross-border logistics and funds, but also try our best to help small and medium-sized enterprises reduce costs." Zhang Kuo said. On July 17, the "spring thunder plan" of Alibaba international station was added and a special subsidy of 1 billion yuan was set up to provide a six-month transformation escort for traditional foreign trade enterprises that only received customers through exhibitions in the past. (Economic Daily reporter Wang Yichen)
source: Economic Daily - China Economic Net