Cross-border E-commerce: The Blue Ocean Market

April 19

In recent years, China's e-commerce industry has seen steady growth, with transaction volume increasing at a rate 2-3 times that of GDP. As an economic form built on internet platforms, and with the deepening trend of global economic integration, domestic market penetration is facing limits. Expanding into global markets has become a natural progression for e-commerce, and cross-border e-commerce has emerged as a key pathway to seek new consumer markets and break through development bottlenecks.

As the largest wholesale base for online goods in Fujian Province, boasting the most comprehensive range of menswear categories, the Shishi Qingchuang City International Network Wholesale Center is seeing synchronized growth in both its online clothing wholesale market and its international network wholesale center. Cross-border foreign trade exports are becoming highly sought after by all e-commerce players.

【Exploring the Blue Ocean: Cross-border Ecosystem】

On April 19, 2018, the Qingchuang City 2018 Cross-border E-commerce Summit and Manufacturer Matchmaking Conference, hosted by the Qingchuang City International Network Wholesale Center, was grandly held. Chen Yongjun, Member of the Standing Committee of the Shishi Municipal Party Committee and Executive Vice Mayor, attended the meeting and delivered a speech. The conference also specially invited ten major mainstream cross-border e-commerce platforms (Umka, Shopee, Amazon, Wish, eBay, Jollychic, Citrusstv, Jumia, Linio, and Daraz) and over 20 cross-border service providers (specializing in payments, logistics, training, intellectual property, etc.) to participate in this grand event.

【Multilateral Cooperation: Setting Sail Cross-border】

At the summit, the Qingchuang City International Network Wholesale Center signed strategic cooperation agreements with the Russian cross-border platform Umka and the Middle East cross-border platform Citrusstv, providing merchants with their first "ticket" to cross-border expansion. Simultaneously, it established strategic partnerships with cross-border service providers including Pingpong, WorldFirst, Youlida, Zhiying E-commerce Academy, and Shenzhen Yiqi E-commerce Training to jointly build a cross-border service ecosystem alliance.

Distinguished guests from cross-border platforms, including Sofia (Vice President of Umka China), Qiu Peifan (Senior Investment Promotion Manager at Amazon Global Selling), and Wang Xiaojing (Business Director of Shopee China), took the stage to share insights on the development prospects of overseas markets and platform development plans.

【Encouraging Export Foreign Trade and Cultivating Cross-border Brands】

After three years of development and accumulation, the offline physical market of Qingchuang City has become increasingly mature. In 2018, the Qingchuang City International Network Wholesale Center will prioritize the development of cross-border e-commerce, actively build a complete industrial chain and an optimal ecosystem, and guided by the spirit of the 19th National Congress, foster new forms of trade, improve support service systems, vigorously cultivate cross-border e-commerce brands, and strive to propel cross-border e-commerce to a new level.