The intended transaction amount of the first China Cross-border E-commerce Fair exceeded US$3.5 billion, and my country's foreign exchange market continued to operate smoothly in February

The first China Cross-border E-commerce Fair intends to trade over US$3.5 billion

Xinhuanet, Fuzhou , March 22 ( Xinhua) -- The first China Cross-border E-commerce Fair came to a close in Fuzhou on March 20. The fair attracted 2,363 companies from 22 provinces, autonomous regions and municipalities across the country, covering 33 cross-border e-commerce platforms around the world, with a total of 62,000 professional merchants attending the fair, and the intended transaction amount reached over US$3.5 billion.

State Administration of Foreign Exchange: China's foreign exchange market continued to operate smoothly in February

The State Administration of Foreign Exchange announced the data on foreign exchange settlement and sales by banks and foreign-related receipts and payments by banks on behalf of customers in February 2021. The spokesperson of the State Administration of Foreign Exchange answered questions from reporters: China's foreign exchange market continued to operate smoothly in February. Judging from the performance of major indicators, banks had a surplus of US$28 billion in foreign exchange settlement and sales, and non-bank sectors had a surplus of US$33.2 billion in foreign-related receipts and payments. Cross-border two-way capital investment was reasonable and orderly. In February, the surplus of foreign-related receipts and payments under direct investment was US$13.7 billion, which was the main channel for cross-border capital inflows, indicating that foreign capital is optimistic about the domestic market and development prospects.

App Annie: The Spring Festival helped the total download volume of domestic casual games (iOS) increase by 26% compared with the previous month

According to App Annie data, the total number of casual game downloads in China in February was 65.43 million, an increase of 26% from the previous month (only on iOS). The Spring Festival period has once again injected huge energy into the game market. In terms of categories, parkour/competition, puzzle/brain teasers, and io were the top three categories in terms of downloads in February, accounting for 11.82%, 11.29%, and 8.27% respectively. Parkour/competition became the fastest growing category in February with an increase of 123%.

Japanese industrial robot giant FANUC adds robot factory in China

FANUC, a large Japanese industrial robot manufacturer , will invest 26 billion yen (about 1.55 billion yuan) to build an industrial robot factory in Shanghai. China's economy has recovered from the COVID-19 pandemic, and in order to achieve the goal of "manufacturing power", it is promoting production automation in various fields such as electronic products. Promoting the localization of industrial robots is also one of them. In this context, FANUC hopes to seize demand through large-scale investment and maintain its position as the number one market share in China.

Wanjiang and other departments have joined forces to comprehensively strengthen the investigation and rectification of non-operating points for cross-border freight transport

In order to implement the requirements of the provincial and municipal customs for the management of non-operating points for cross-border cargo and epidemic prevention and control, and to further strengthen the main responsibility of enterprises for prevention and control, on the afternoon of March 18, the Wanjiang Street Epidemic Prevention and Control Command, together with the Economic Development Bureau, Transportation Bureau and Public Security Bureau, formed an investigation team to conduct in-depth inspections and rectifications at non-operating points for cross-border cargo.

Feng Jianfeng of Dalong.com: The future of cross-border e-commerce is not retail, but industrial services

Recently, the 7th China Finance V Forum, jointly organized by China Business Network, Renmin University of China Press and Tianyancha, opened in Beijing. Feng Jianfeng, Chairman of Dalong Network Group, was invited to attend the forum. During the forum, Feng Jianfeng introduced Dalong Network and its business model to Hexun.com. It is reported that Dalong Network is China's largest industrial Internet service platform in the digital trade era and China's largest cross-border M2M global localization service platform.

Advantages of overseas Chinese and Taiwan highlighted , Fujian strives to create a new highland for cross-border e-commerce

Lin Baojin, member of the Standing Committee of the Fujian Provincial Party Committee and Secretary of the Fuzhou Municipal Party Committee, recently stated that the first China Cross-border E-commerce Trade Fair will be used as an opportunity to actively serve and deeply integrate into the new development pattern, speed up the construction of large channels, large logistics, and large hubs, and accelerate the construction of world-class cross-border e-commerce industry clusters, and create a "Silk Road E-commerce" core area and pilot area; deepen the "delegation, regulation, and service" reform, improve logistics, finance and other services, promote the integration and sharing of various high-quality resources, and create a first-class environment for the development of the cross-border e-commerce industry.

Cross-border e-commerce market