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"China Report": (Sang Baichuan) Cross-border e-commerce: new business formats, new models, new engines

Published: July 27, 2020 Editor: wxn

Source: "China Report"July 21, 2020)

Currently, the COVID-19 epidemic is still spreading around the world, and the world economy is in severe recession. Stabilizing the fundamentals of foreign w88 and foreign investment is crucial to stabilizing economic operations and employment. However, due to factors such as changes in relevant w88 policies, cancellation or delay of customer orders, reduction of international logistics capacity, etc., the traditional foreign w88 model has been seriously hindered.“Stabilizing foreign w88” faces major challenges.

With traditional foreign w88 offline channels blocked, as a new form of foreign w88, cross-border e-commerce retail export has played a positive role in opening up overseas markets for small, medium and micro enterprises, attracting and stabilizing employment.In 2019, China’s cross-border e-commerce retail exports totaled 186.21 billion yuan, a year-on-year increase of 60%. In the first five months of this year, cross-border e-commerce retail exports bucked the trend and grew by 12% year-on-year. In recent years, cross-border e-commerce has emerged as a new force, changing the way traditional commodity transactions are organized and becoming the most competitive new business format, new model, and new engine in the field of cross-border w88.

“Cross-border e-commerce has played a very important role in the process of ‘stabilizing foreign w88’. In the future, the proportion of cross-border e-commerce in the field of foreign w88 may further increase.” Li Gang, director and researcher of the Academic Committee of the Institute of International w88 and Economic Cooperation of the Ministry of Commerce, told the China Report reporter.

This yearIn April, China decided to establish 46 new cross-border e-commerce comprehensive test zones on the basis of the 59 cross-border e-commerce comprehensive test zones already established, and the number of cross-border e-commerce comprehensive test zones was expanded to 105. In addition, policies such as exempting some export goods from taxes and fees have also been introduced. On June 12, the General Administration of Customs decided to launch a pilot project for cross-border e-commerce business-to-business export supervision at customs offices in 10 regions. These measures have expanded the scope of foreign w88 companies that benefit, and the mainstream trend of cross-border e-commerce will become more obvious.

Foreign w88 gradually stabilizes, cross-border e-commerce becomes a new bright spot

On May 11, Shenzhen Zoetis Technology Co., Ltd. received the largest overseas order in the company's history through Alibaba International Station - US$3.46 million, equivalent to more than 20 million yuan. Interestingly, the deal was negotiated but the two parties never met. This is due to the use of digital high-tech products such as 3D factory viewing and simultaneous interpretation of video conferencing on cross-border e-commerce platforms, which are as close to the real scene as possible and enhance mutual trust.

This is a microcosm of the development of cross-border e-commerce business and a vivid footnote to the stabilization of foreign w88.

This yearFrom January to May, China’s total service import and export volume was 1,868.6 billion yuan, a year-on-year decrease of 14.6%. Among them, exports were 759.26 billion yuan, down 2.3%; imports were 1.10934 billion yuan, down 21.5%. "From January to May, we achieved our goal of stabilizing the fundamentals of foreign w88." Li Gang told the China Report reporter.

Li Gang analyzed that from the data,Although the foreign w88 growth rate from January to May was negative, the negative growth was single digits, and this single digit was far lower than the negative growth of global w88. From the overall perspective of world w88, we have still maintained a considerable level of scale, and therefore our proportion in global w88 has slightly increased.

In addition, China’s w88 development with important trading partners, important export markets and importing countries and regions is generally good.“Looking at the breakdown, our imports and exports to developed countries and regions such as the United States, the European Union, and Japan have declined relatively sharply. However, for countries along the ‘Belt and Road’, some emerging economies, and developing countries, imports and exports in the second quarter showed a trend of improvement month by month.” Li Gang said.

"If the situation of epidemic prevention and control and resumption of work and production in major countries around the world improves in the third and fourth quarters, the global economy may still have a slow upward trend. If this judgment can be established, our foreign w88 environment will improve slightly, so I think the goal of stabilizing the fundamentals of foreign w88 throughout the year can be achieved." Li Gang told a reporter from China Report.

This kind“Stabilization” is gradually appearing in the foreign w88 data between China and some countries and regions.

Before this yearIn five months, ASEAN became China's largest trading partner. The total w88 value between China and ASEAN was 1.7 trillion yuan, an increase of 4.2%, accounting for 14.7% of China's total foreign w88 value. Among them, China's exports to ASEAN were 936.62 billion yuan, an increase of 2.8%; China's imports from ASEAN were 759.86 billion yuan, an increase of 6%; the w88 surplus with ASEAN was 176.76 billion yuan, a decrease of 9%.

Although the epidemic has restricted personnel and transportation flows, cross-border e-commerce trading platforms have played a huge role, and cooperation between China and ASEAN in the field of cross-border e-commerce continues to advance. According to data from Kaola Overseas Shopping, this yearAfter the epidemic in Thailand entered a state of emergency in March, Koala’s purchase volume in Thailand still increased by 60.8% compared with February. At the same time, its purchase volume in Singapore, Malaysia, Vietnam, the Philippines and other countries also increased significantly. Cross-border e-commerce is becoming a new highlight of w88 between China and ASEAN countries.

Prevent uncertainties and innovate business models

atSang Baichuan, Dean of the Institute of International Economics, w88 casinoIt seems that although the foreign w88 situation has improved, there are still uncertainties to be seen.

"Although China's foreign w88 has seen many positive changes, if the epidemic in other countries cannot be effectively controlled, it will affect the progress of the world economy, and China's foreign w88 may also be affected."Sang Baichuantold a reporter from "China Report" that on the other hand, we must also see that China's foreign w88 environment has undergone major changes.

Domestically, factor costs are rising across the board, which makes the cost of exports rise and the price competitiveness of exports weakening;Judging from the situation abroad, unilateralism and w88 and investment protectionism are still very severe, especially intensifying nationalist sentiments and anti-globalization attitudes. Populism and anti-globalization trends have also emerged in some countries.

In this context, how can China’s w88 be realized“Stability while increasing efficiency” has become a very important topic. "Of course, China is seeking transformation and upgrading. Measures to improve quality and efficiency are taking effect, and the foreign w88 structure will be further optimized. The proportion of high value-added, high-tech, and high-tech products in export products is also rising."Sang BaichuanSay.

At the same time, new business formats and new models are emerging at an accelerated pace, and innovative measures have opened up a new pattern of foreign w88.

According to Beijing Customs data, E-commerce FestivalOn the day of "6·18", a total of 483 tickets of cross-border e-commerce pharmaceutical import pilot commodities were inspected and released, worth 58,621 yuan. These products come from two cross-border e-commerce pharmaceutical import pilot companies, Alibaba Health and JD Health. The smooth inspection and release of this batch of goods marks that two leading e-commerce companies, Alibaba and JD.com, have officially opened cross-border e-commerce bonded warehouses in Beijing. In order to ensure the smooth inspection and release of goods for cross-border e-commerce companies during the "618" promotion period, Beijing Customs arranged dedicated personnel on duty to provide 24/7 customs clearance guarantee and complete a series of tasks such as cross-border e-commerce list review, inspection and release within 2 hours.

Hangzhou is the first city in my country to establish a comprehensive cross-border e-commerce pilot zone. Now in Hangzhou, Hangzhou cross-border e-commerce is represented by Alibaba International Station, China Chemical Network, etc.There are more than 160,000 Chinese sellers on the B2B platform, driving more than US$300 billion in national B2B exports annually; the Hangzhou cross-border e-commerce B2C platform, represented by AliExpress and Jiayun Data, has more than 600 million users worldwide and achieves more than US$22 billion in cross-border e-commerce B2C exports annually.

Zhejiang Province, where Hangzhou is located, has also become the only province in the country with basically full coverage of the cross-border e-commerce comprehensive pilot zone. Not long ago, the Zhejiang Provincial Department of Commerce launchedThe "Open Stores Global" cross-border e-commerce store cultivation special action plans to hold 100 store opening events, build a number of cross-border e-commerce industrial parks, and strive to add more than 10,000 cross-border e-commerce stores throughout the year and achieve cross-border online retail exports of more than 100 billion yuan.

After the outbreak of the new coronavirus pneumonia, cross-border e-commerce played an important role in stabilizing foreign w88, stabilizing enterprises, and promoting digital transformation in Zhejiang Province. this yearFrom January to March, the province’s cross-border online retail sales reached 24.2 billion yuan, a year-on-year increase of 14%. Among them, exports were 17.79 billion yuan, an increase of 8.9%; imports were 6.41 billion yuan, an increase of 31%.

“Many new formats and new models have emerged in the w88 field, but cross-border e-commerce occupies a dominant position among these new formats and new models. The growth rate and speed of cross-border e-commerce are very fast. It is not only a positive growth, but also plays a very important role in stabilizing the overall foreign w88 fundamentals.” Li Gang told the China Report reporter.

On June 12, the General Administration of Customs issued the "Announcement on Carrying out the Pilot Program of Cross-border E-Commerce Business-to-Business Export Supervision", clarifying that the pilot will be carried out in 10 directly affiliated customs offices including Beijing, Tianjin, and Nanjing from July 1. The launch of cross-border e-commerce business-to-business (B2B) pilot means that my country's cross-border e-commerce has officially entered the B2B era from the era of personal overseas shopping and commercial retail (B2C).

E-commerce changes the w88 pattern

In 2018, at the first World Customs Cross-Border E-Commerce Conference, more than 1,000 representatives from 125 countries and regions from all continents gathered in Beijing. The guests attending the conference believed that cross-border e-commerce is ushering in a "golden age" worldwide.

“E-commerce is changing the pattern and way of our lives and w88. It makes it easier and more efficient for manufacturers and enterprises, including small and medium-sized enterprises, to enter the global market, reach a wider network of buyers and participate in the global value chain. Consumers benefit from a wider choice of suppliers and more competitive prices.” Yi Xiaozhun, Deputy Director-General of the World w88 Organization, believes that China has great potential to become a global leader in e-commerce.

That year, the "Beijing Declaration" issued by the first World Customs Cross-border E-commerce Conference proposed that it would promote innovation in management concepts, promote w88 security and convenience, and achieve balanced development. fromCustoms representatives from 125 countries and regions have reached a consensus to actively promote the early promulgation of the "World Customs Organization Cross-border E-commerce Standard Framework" to provide a more transparent, stable and predictable w88 environment for the development of e-commerce, so that global goods can enter thousands of households more safely, conveniently and efficiently.

Nowadays, with the rapid advancement of technologies such as big data, cloud computing, Internet of Things, and artificial intelligence, the world economy is gradually moving towards the era of digital economy. Global commodities have already circulated across borders. Market entities can obtain rich and symmetrical supply and demand information at almost zero cost. Thousands of small, medium and micro enterprises are sharing the dividends of economic globalization, and the purchasing power and quality of life of global consumers have also been improved. The rapid development of cross-border e-commerce is also a significant feature of the world's economic progress.

"The emergence and rapid development of cross-border e-commerce first benefited from the widespread penetration of information technology and the Internet, which is an inevitable trend of the development of the times. In recent years, small-scale w88 and short-term w88 have occupied a larger share of global w88. Behind the increasing fragmentation of international w88 is the accelerating pace of the global market and the strong need to respond to market risks." said Li Mingtao, president of the China E-Commerce Center Research Institute.

“In the future, the proportion of cross-border e-commerce in the foreign w88 field will further increase, and currently it accounts for about 10%. Because the w88 field still has its own social characteristics, mainly characterized by batch size and scale, but cross-border e-commerce is mainly B2 B is the mainstay, so this also puts forward higher requirements for high-quality development in the w88 field." Li Gang told the China Report reporter that in the future, with the support of governments at all levels, the efforts of cross-border e-commerce companies, and the improvement of external conditions such as the market environment, cross-border e-commerce will have better room for development.

Building an internationally competitive cross-border e-commerce

atSang BaichuanIt seems that in the process of technological progress, China will take advantage of the opportunities of the new round of industrial revolution, especially the technical conditions of Internet big data, to vigorously support the development of digital w88.

“In order to better adapt to the restructuring of the global value chain and changes in the w88 environment, we should vigorously promote the development of cross-border e-commerce in the process of developing digital w88 and create more cross-border e-commerce platforms that are led by Chinese companies and participated by companies from importing countries.”Sang BaichuanSay.

Li Mingtao believes that the global infrastructure of China’s cross-border e-commerce is accelerating and improving, which will further enhance the global service capabilities of China’s cross-border e-commerce companies. But compared to Amazon,The comprehensive strength of my country’s cross-border e-commerce platform companies, especially global cross-border e-commerce giants such as eBay, especially the proportion of overseas revenue, is still at a low level. The service capabilities such as logistics and warehousing and the share of mature markets in Europe and the United States cannot be compared with them.

In this regard, Li Gang said that cross-border e-commerce needs strong support.“The operating model of cross-border e-commerce itself also determines that it actually operates more in a bonded state. Some export products need to be stored in overseas logistics centers and overseas warehouses, and then gradually shipped in bonded states in overseas warehouses according to different market demands and demand rhythms. The same is true for imports.” Li Gang told a reporter from China Report that cross-border e-commerce operates both large platforms like Alibaba and many small and medium-sized enterprises. Their future development needs more support in terms of finance, taxation, financial credit, warehousing and logistics. "Of course, these aspects also require coordination among various departments to jointly make due efforts to stabilize the basic foreign w88 base."

In recent years, my country has comprehensively replicated and promoted cross-border e-commerce information sharing, financial services, smart logistics, risk prevention and control and other regulatory service systems, and used advanced science and technology such as cloud computing, big data, Internet of Things, and artificial intelligence to improve customs supervision levels and promote cross-border e-commerce into the fast lane.

Currently, China is very active in the field of digital w88, and the Internet big data platform is also developing rapidly. It can not only realize the data flow, information flow, and product flow of the value chain through the Internet and big data platform, but also establish a marketing platform that effectively connects with the local market.

“Through these, we can further provide enterprises with differentiated products, personalized customization, and differentiated services suitable for the local market, so that export products and services can better match local needs.”Sang Baichuanfurther explained to "China Report" that in the process of development of cross-border e-commerce, the business environment also needs to be further improved, including the legal system, tax system and corresponding service standards, etc., which require us to provide all-round support and rapidly promote changes.

“At the same time, when the development of cross-border e-commerce enters the host country’s market, it requires the participation of enterprises in the host country. It also requires consumers’ awareness of this cross-border e-commerce platform. They also need to understand the host country’s management system for cross-border e-commerce, including the legal system, tax system and other business environment factors.”Sang BaichuanSay.

Original link:http://www.chinareports.org.cn/djbd/2020/0721/15999.html

 

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