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Home / Highlights

E-commerce transforms traditional business approaches

Updated: 2013-06-05 /By Wang Sujuan and Lin Hong (chinadaily.com.cn)
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The founder and CEO of DHgate.com said in her keynote speech at the 2013 China Beijing E-commerce Conference - part of this year‘s Beijing Fair - that, “E-commerce in international trade is the best approach that a traditional enterprise can choose in its transformation.”

Wang Shutong made the comments on May 28, adding that a complete industry chain in international trade has taken shape after more than a decade of development of e-commerce, and products made in China can be sold and shipped anywhere in the world in less than a week.

E-commerce now covers over 200 countries and regions around the globe – a huge market with less competition – so the enterprises can still focus on improving their products and services.

Wang also said that this year is a turning point which brings great opportunities for China’s e-commerce.

She also said that e-businesspeople have matured and made outstanding achievements over the years.

The existence of online companies worth over 100 million yuan is not accidental, and some firms have been blazing new trails in operation modes and how to increase profits while others have built small but excellent online brands.

The number of third-party service providers is increasing in the fields of overseas marketing, translation, image processing, and third-partner services, Wang said.

Meanwhile, traditional manufacturing and foreign trade enterprises have taken steps to catch up via self-developed or third-party platforms.

Wang also said that the Chinese authorities regard e-commerce as a major driver of the economy, and have pushed forward e-commerce in international trade by organizing training and cultivating talents.

 

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