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Home / Biz updates

Enjoy the trade of services in daily lives – supply chain services

Updated: 2015-11-20 /By Wang Sujuan and Liu Yiyi (chinadaily.com.cn)
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A fruit store sold fresh oranges. On the opposite side of the street was a store selling candied fruits. A popular product was candied orange peels. The store purchased orange peels from others and made them into candied orange peels.

As time passed, the boss of the store thought that it was too scattered to purchase as usually and it was hard to evaluate and classify the quality. Therefore, the candied fruit store owner talked to the fruit store owner, “The number of stores selling fresh oranges is increasing. So I suppose your business is not as easy as before. I’ll tell you a way to make money. You peel the oranges and make them into canned fruits. It will help you sell more oranges and lower the costs of storing fresh fruits. And you can also sell the orange peels to me following the quality classification and the correspondent price and timing.”

Both of the owners made great amount of money from their business. The owner of the candied fruit store also found the farmers growing oranges and bought all the fruits they produced. The owner built a supply chain covering fruit growing, selling, and processing. The oranges linked fruit stores, farmers, and candied fruit stores together. From the entire process, the fruits are equipped with new business value.

A vast majority of people are unfamiliar with trade in services. In fact, service is right beside us in our daily lives. The value of services improves living standards. Supply chain management service is a popular part of the China Beijing International Fair for Trade in Services.

The fair includes a supply chain service forum, releasing conferences, new product exhibition, project road show, and information sessions. The events aim to exhibit leading supply chain services from all around the world and the innovative products and services by management corporations. The events will also improve integration between supply chain service industries and real economic institutions, establish a top-ranking platform for industrial communication, and promote the globalization of the supply chain industry.

Do you know that the trade of services has become an important engine driving the country’s overall development? The GDP of service industry took up more than 80 percent of the capital city’s genera GDP in the first half of the year for the first time. The China Beijing International Fair for Trade in Services will be launched in May of 2016. Let’s find the services in our daily lives and enjoy the charm of the age of service economy. What are you waiting for? Come and register for the fair. Use your intelligent service to light up the fair and start a new era!

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