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WorldAsiaQuanzhou City Drives Global Trade Through Cross-Border E-Commerce And Technology

Quanzhou City Drives Global Trade Through Cross-Border E-Commerce And Technology

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China’s Guangdong province is located in southern China and the city of Quangzhou is known as the capital and largest city of this province. This city has its identity on the international map as the center of international trade. The main reason for this is the port of this city. The port of Quanzhou City facilitates the export of goods and commodities internationally. From here, commercial ships set their journey on routes around the world, and through this, this city also has an important place in international trade. The efficient port of Quanzhou City helps foreign trade to accelerate and barter to reach its destination. This area of ​​southern China is also the economic zone of the Pearl River Delta. That’s why business relations of many countries are automatically formed with this city. Apart from its fame as a business center, Quanzhou city is also home to many successful business personalities of China. This city is also mainly seen as a manufacturing hub and more than thirty thousand companies with foreign investment are doing their work in this city.
In the current era, the importance of cross-border e-commerce has increased tremendously in addition to the business relationships of mail-to-meet. Cross-border e-commerce activities have been catalyzed by technologies such as 5G and high-end mobile phones, which can also be used to easily make payments in the digital economy. That is, on mobile if a customer likes porcelain utensils or Cantonese embroidery or a product with wood carving, the customer pays through cross-border e-commerce websites and receives the product through 5G or higher technology Can place order without wasting time. Goods are released from the port at the international destination through shipment as soon as the order is received. To make this whole process more accessible and simple, Internet and Cross Border Exhibition is organized every year in Quanzhou City where businessmen from all over the world related to technology and trade meet and a variety of related products are also introduced. So that both traders and buyers can benefit.
Such expos are also seen in the Canton Fair, Asia’s largest trade fair held twice a year. Once the traders of the world visit this place in the cold season, then this fair is organized for the second time in the pleasant weather of the spring season, this is because the visiting tourists and businessmen want to relax their mind during such an exhibition. If the environment and weather is favorable then they can also enjoy the holidays.
Virtual form of business platform is also very popular for international trade, that is, on a particular platform, buyers and sellers share all their information with their products, and the platform provider company provides all kinds of services to the buyer, taking some of its profit. . In such an ecosystem, the interests of all the three stakeholders are served, services are exchanged, and targeted revenue is also achieved.
(Reporter-Vivek Sharma)

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