Digital foreign trade has achieved a new speed in the Yangtze River Delta, and Alibaba International Station continues to promote the "export of tin products"

With the emergence of a series of new growth points for foreign trade exports such as new energy, small and medium-sized enterprises in the Yangtze River Delta are running at a new speed of digital foreign trade on Alibaba International Station.

At the Second Yangtze River Delta Cross-border E-commerce Industry Development Summit held in Wuxi on June 8, Alibaba International Station revealed that from January to May this year, thousands of foreign trade companies in the Yangtze River Delta region alone have flocked to Alibaba International Station to start digital foreign trade . Three major foreign trade export hotspots have emerged in the local area , including new energy, electrical equipment, and household appliances . Among them, the export volume of new energy companies in the Yangtze River Delta region on Alibaba International Station increased by 85% year-on-year last year.

In order to further promote the development of local digital foreign trade, Alibaba International Station will work with the Wuxi Comprehensive Pilot Office to continue to promote the "Wuxi Brand Digital Overseas Exit" special action, actively promote foreign trade merchants to transform and upgrade to trade digitalization, and provide them with digital convenience in various aspects such as transactions, logistics, and funds, and promote the high-quality development of cross-border e-commerce.

(Photo: Alibaba International Station booth at the 2023 Yangtze River Delta Cross-border E-commerce Fair)

It is reported that the two parties will build a B2B digital foreign trade ecosystem in all aspects, focusing on the development of business systems, the establishment of e-commerce ecological service systems, the improvement of policy support systems, and the construction of talent reserve systems .

Especially in the cross-border e-commerce industrial belt, the two sides will focus on promoting the overseas expansion of cross-border B2B brands in the industrial belt, increase the creation and cultivation of key industries and key industrial clusters, jointly promote the digital upgrade of Wuxi's industrial clusters, realize "Tin products sold around the world", and enhance the brand effect of Wuxi manufacturing.

According to data from the Ministry of Commerce, China's cross-border e-commerce exports grew by 11.7% last year . Digital foreign trade has become an important way for domestic small and medium-sized enterprises to open up new markets and find new growth points. Especially on Alibaba International Station, overseas demand in January-March this year increased by more than 30% year-on-year. At the same time, Alibaba International Station is further using new technologies to help small and medium-sized enterprises gain new business growth.

Wang Tiantian, general manager of China Suppliers and Cross-border Supply Chain of Alibaba International Station , said at the summit that in recent years, Alibaba International Station has been developing from a digital marketing platform to a comprehensive foreign trade service platform with operations as its core, promoting high-quality growth of foreign trade companies' business.

He believes: "From 'marketing capabilities' to 'operating efficiency', Alibaba International Station uses the first engine to help foreign trade companies find business growth opportunities. Now it is using the second engine to help foreign trade companies improve their operating efficiency. It not only aims to find new growth, but also to achieve new speeds."

(Photo: Wang Tiantian, General Manager of China Suppliers and Cross-border Supply Chain at Alibaba International Station)

" On Alibaba International Station, whether you are a specialized and innovative small giant or a start-up, you can find a digital way to go overseas that suits you and get dedicated service support. " Wang Tiantian introduced that in recent years, Alibaba International Station has gradually accumulated a one-stop, full-link digital foreign trade capability from different business scenarios such as customer acquisition, conversion, delivery, and compliance .

For example , in terms of cross-border logistics, Alibaba.com Logistics has more than 26,000 dedicated transport lines in more than 220 countries and regions around the world , realizing sea, land, air and multimodal transport, and providing digital B2B cross-border logistics services to cross-border small and medium-sized businesses. Recently, a cross-border full-process intelligent and visible logistics tracking platform was launched, which is open to all foreign trade companies.

In terms of cross-border transaction funding services, Alibaba.com Pay helped foreign trade companies save more than 10 million in cross-border collection fees and more than 20,000 hours last year alone.

At the same time, OKKI , the intelligent foreign trade business workstation under Alibaba International Station , also underwent a comprehensive upgrade at the end of May . It will use new intelligent technologies to help all small and medium-sized foreign trade companies in the industry manage orders and customers more efficiently and accelerate business growth.

Digital Foreign Trade

Alibaba International Station