Profound Changes In The Pattern Of International Trade, Cross Border E-Commerce To Help Push Trade

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On the sixth APEC e-commerce business forum, the heavyweight business experts, business representatives and government officials from the APEC economies jointly discussed how to promote the application and cooperation of cross-border e-commerce in the area of pactions, technology, customs, law, taxation, data privacy, etc., to promote regional trade prosperity and benefit the development of SMEs.

Great changes have taken place in the global trade pattern, and the development of e-commerce is in the trend of change.

What are the new developments of international trade under the new situation of cross border e-commerce? What is the concept and significance of inclusive trade?

Won-hochoi, executive director of Electronic Commerce Department of Korea Trade Association

First, let's introduce Kita. It is an electronic commerce group. It is the largest and most influential commercial organization in Korea. There are 70 thousand members, such as modern cars that we all know.

The goal of Kita is to support Korean enterprises to expand their businesses worldwide and help them build partnerships with domestic and foreign enterprises.

In 2008, KTTA began to cooperate with Alibaba in global marketing. After that, we held an online promotion campaign.

We also have B2C cooperation with Alibaba, such as Alibaba.

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Last year, we held a seminar in South Korea, with more than 1000 Korea Companies participants.

The scale of this conference is very large, and we also have our links on Taobao. Korean young startups show some new ideas and new products here.

Alipay has also worked with us, and we have used their experience in Korea's services. Now in Korea, Alipay can also buy products.

Kita is a trade way to Korea for foreign traders and investors. It is a very professional information center, and you can get the information you need to trade here.

All private businesses and businesses wishing to communicate with the Korean business side can contact us.

Using cross-border electricity suppliers to overcome traditional constraints

Yao Guanghai, deputy director of China International Electronic Commerce Center

In 2015, the total e-commerce pactions in China reached 20 trillion and 800 billion yuan, an increase of 27% over the previous year, of which 4 trillion and 560 billion of cross-border e-commerce pactions accounted for 18.5% of the total e-commerce pactions in the whole society.

In 2015, China's import and export volume dropped by 7%, which contrasts with the cross-border electricity supplier export trade, which has increased by 21.7% year-on-year.

In the very difficult situation of import and export trade, the growth of cross-border e-commerce has played a very good role in improving the foreign trade situation and expanding the momentum of economic growth.

The traditional mode of foreign trade mainly adapts to large enterprises and bulk commodities.

Under the current situation, traditional trade has been faced with great challenges. Cross-border Internet e-commerce has largely overcome many constraints imposed by SMEs in the development of import and export trade, such as talent constraints, channel constraints and brand constraints.

Therefore, cross-border e-commerce has indeed promoted the trade of Pratt & Whitney.