Tech

China-Arab e-commerce trade boom along the “Online Silk Road”

© Provided by Xinhua News Agency

Yinchuan, August 21 (Xinhua News Agency)-At the exhibition booth of the 5th China Arab Countries Expo, Yang Wan Rong exhibited two nutritious Morkera bacteria and high quality products at home and abroad. It has attracted many customers. Activated carbon.

27-year-old Yang runs a cross-border e-commerce company, and the exhibition, held Thursday in Yinchuan, the capital of the Ningxia Autonomous Region in northwestern China, is his event like this. This is my first experience.

His booth is located in a cross-border e-commerce exhibition area, taking full advantage of this opportunity by meticulously preparing, designing product web pages and displaying products offline. increase.

“We would like to take this opportunity to enter the markets of Arab countries, promote higher quality local products and increase orders from abroad so that we can earn more income,” said the young. The man was clearly excited about the possibility.

Last year, China-Arab trade reached approximately US $ 240 billion, and despite the effects of the pandemic, Arab imports from China increased 2.1% year-on-year.

As an important platform for economic relations between China and the Arabs, the 5th edition of the Expo is held both online and offline. At the offline event at the Yinchuan International Conference and Exhibition Center, customers can directly browse the exhibitor’s products. Meanwhile, technologies such as 5G, AI, and big data allow buyers and sellers to trade with each other in virtual shops.

In ancient times, Arab and Chinese merchants traded along the Silk Road. Today, China is promoting the “Online Silk Road” by promoting the cross-border e-commerce industry to further deepen its economic cooperation with Arab countries.

According to data, China gained momentum in cross-border e-commerce in the first half of this year, with total trade reaching RMB886.7 billion (approximately US $ 136.4 billion), up 28.6% year-on-year.

“I think cross-border e-commerce is developing rapidly and will be a very efficient way to sell Lebanese products in China,” said Joseph Tanus, economics officer at the Lebanese embassy in Beijing. “.

A total of 15 Lebanese companies participated in the exposition online and exhibited products such as red wine and olive oil.

“Currently we are working to create the first Lebanese online cross-border e-commerce store in China. We hope this boutique will reorganize many of Lebanon’s high quality products in China. “I will.” “We hope that more and more Lebanese products will reach Chinese consumers in the near future.”

As a permanent organizer of the China-Arab Countries Expo, Ningxia has been working to build an “online Silkroad” to introduce and nurture more than 180 cross-border e-commerce companies.

Yang started a cross-border e-commerce business three years ago, retailing electronic products and daily necessities. He currently operates in more than 100 countries and territories around the world, including Morocco and the United Arab Emirates.

“We receive online orders from around the world and deliver products to our customers wherever we are,” says Yang.

China-Arab e-commerce trade boom along the “Online Silk Road”

Source link China-Arab e-commerce trade boom along the “Online Silk Road”

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