Leading Chinese Economy to “Adjust Structure & Transfer Mode” by Chinese Cross-border E-commerce Industry

Feng Bing, Vice President of China Association of Enterprises and China Entrepreneur Association said: “although the world leading market economy is upbeat and its basis tends to become stable, and the subsequent effect from European debt crisis weakens persistently, the main emerging economy still takes the pressure of the economic downturn. In this context, Chinese Cross-border E-commerce Industry has gotten rapid growth to make great contributions to the development of Chinese strategic emerging industry and the stabilizing growth of Chinese economy, even played a huge leading role in adjusting Chinese economic structure and transferring mode. ”

On November 26, the Launching Ceremony of GYIE Bulk Commodities Cross-border E-commerce Platform was held in Xijiao Hotel, Shanghai. Hundreds of giants engaged in chemical industry, finance and logistics gathered in GYIE to hold joint discussion on Internet used in the chemical industry. 

As one of the largest domestic cross-border E-commerce platforms for bulk commodities, GYIE cross-border E-commerce platform for bulk commodity (hereinafter referred to as “chinayie.com”) takes the cross-border transaction of bulk commodity as the main business. With the latest information technology research and development in the world, chinayie.com integrates many services such as the bulk commodity online trading, the market information, the cross-border direct connection, the warehousing & logistics, the online payment and the financial derivatives appreciation, so as to provide services in whole industry chain for enterprises engaged in various links of cross-border trade of bulk commodity. 

“As a rising strategic industry in China, the cross-border E-commerce is in the ascendant in recently years, already becoming the new mode, highlights and trend for the foreign trade. In addition, China, the main purchaser of the bulk commodity, plays a decisive role in the global economic structure. Through the E-commerce platform, China’s keen demand on the raw materials of bulk commodity can be met by purchasing from excellent international partners in an intensive, convenient and sustained way. And the international promotion can be made for the excellent products made by China's manufacturing industry, which means more made-in-China products attractive in price and quality can be provided to the international partners, thus deepening the economic and commercial intercourse between China and other countries.” Feng Bing, Vice President of China Association of Enterprises and China Entrepreneur Association, made a speech in opening remarks. 

To a large extent, chinayie.com, focusing on the cross-border E-commerce, fills in the gap in China’s international procurement and output of the bulk commodity. On the one hand, compared to the traditional foreign trade, chinayie.com effectively cuts down the intermediate link, resolve the overcapacity problem, remodel the international industry chain, and promote the mode transformation of foreign trade development; on the other hand, chinayie.com integrates multiple advantages of the massive commodity information databases, the intelligent commodity retrieval and the easy mode of delivery and settlement, so as to help development of the medium, small and micro-sized enterprises. In the over-all situation of rapid development of global E-commerce, chinayie.com will produce far-reaching significance and value in the total national economy of China as well as the import and export trade field.