E-commerce offering exporters haven
Updated: 2012-12-26 10:25
By Qiu Quanlin in Guangzhou (China Daily)
|
|||||||||||
E-commerce has played an increasingly important role for Chinese exporters in maintaining business growth, said an official with the Ministry of Commerce.
Trade through electronic platforms in China grew from 1.5 trillion yuan ($240 billion) in 2006 to 5.9 trillion yuan in 2011, according to Nie Linhai, deputy commercial counselor of the ministry's Department of Electronic Commerce and Informatization.
"In the current global economic situation, e-commerce trade will help reduce costs for Chinese manufacturers. And a growing number of domestic exporters have realized the importance of doing trade through electronic platforms," Nie said.
Speaking at the opening ceremony of an e-commerce forum on Tuesday in Guangzhou, capital of Guangdong province, Nie said the outlook for China's exports is still over shadowed by the global economic downturn.
"The decreasing demand from traditional overseas buyers, combined with rising challenges from neighboring manufacturing countries such as Thailand and Vietnam, have forced domestic exporters to look for new modes of trade," Nie said.
The country's foreign trade, which rose by 5.8 percent year-on-year in the first 11 months of this year, outperformed major developed and emerging economies, according to Nie.
"Chinese exporters are encouraged to conduct more international trade through e-commerce platforms, which has proved an efficient international practice," Nie added.
On Tuesday, six third-party e-commerce companies signed strategic partnership agreements with the department of foreign trade and economic cooperation of Guangdong - which contributes about one-fourth of China's foreign trade - to help local exporters find business opportunities through e-commerce platforms.
Meanwhile, e-commerce companies have vowed to issue more efficient measures to help Chinese exporters clinch orders with overseas buyers.
Cai Hongyu, deputy general manager of Made-in-China.com, a Nanjing-based third-party e-commerce company, said online trade has become an efficient way for Guangdong-based high-tech companies to maintain stable growth.
Exports of Guangdong's high-tech products reached $154 billion in the first three quarters this year, up 6.8 percent compared from the same period last year, according to customs.
"A growing number of hi-tech companies in Guangdong have become our clients. And we believe that products with high added value will be popular in online trading," he said.
The company has established seven branches in Guangdong to help exporters in the Pearl River Delta conduct online trade with overseas buyers.
Related Stories
E-commerce boom brings shopping revolution 2012-12-19 14:22
Majoring in millionaires 2012-12-18 15:29
China's online shoppers hit 210m 2012-12-05 14:40
China's e-commerce enviroment improved 2012-11-28 10:30
Securing China's e-commerce growth 2012-11-20 08:10
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |