On May 29th, 2017, in Beijing National Conference Center it was held the Chinese National E-commerce General Meeting. The main theme of this year's meeting was "New Supplies, New Services, and New Impulse". This meeting gathered Chinese and foreign Enterprise leaders, New Enterprises' rising stars and near one hundred of industry experts.
As an honored guest, XBN Chairman Mrs. Xu Danxia made a key speech on the theme “How Cross-border E-commerce goes into the second stage”. In the speech, she explained cross-border E-commerce survival principles are on a new stage of development.
Chinese Cross-border E-commerce is now in the stage of fast development, consequently competition between Cross-border E-commerce has become even fiercer. Coverage rate and efficiency is a foundation of E-commerce platforms' development. “New stage” competition unfolds in the sphere of increasing cities’ coverage rate. E-commerce that enters “New stage” makes big data and finance become a basis of the ecosystem. Foreign trade general services play more and more role with each day in boosting foreign enterprise transformation and upgrading, improving competitive power on the foreign market. Thus, foreign trade general services are becoming an essential constituent part of the Cross-border E-commerce ecosphere.
As it’s reported, by creating a foreign trade general service platform XBN provides foreign trade companies with fast, low-cost services such as customs clearance, foreign exchange, tax return and complement and logistics. It means using E-commerce as a method for solving problems in service for foreign trade enterprises.
At the same time, foreign warehouses are turning into the structural orientation of Cross-border E-commerce industries, and changing traditional foreign trade model, saving costs, improving timings, broadening production assortment – those all are advantages of the foreign warehouses, which gives Chines Enterprises more fair competitive platform.
At the present time, XBN has foreign branches and warehouses in the US, Europe, and other regions. Digital operation is the essence of Cross-border E-commerce because E-commerce in comparison with traditional channels has an advantage in digital operation capacities.